Police Launch Investigation into Former Gwangju FC Director Ki Young-ok for Alleged Misuse of Club Operating Funds
[Asia Economy Honam Reporting Headquarters Reporter Yoon Jamin] The police have launched an investigation into Ki Young-ok, former director of Gwangju FC and father of soccer player Ki Sung-yong, after a Gwangju Metropolitan City audit revealed that he secretly embezzled and then repaid club operating funds.
According to Gwangju police on the 11th, the Western Police Station has booked and is investigating former director Ki on charges of misappropriating club operating funds for personal use (embezzlement in the course of duty, etc.).
Former director Ki is suspected of withdrawing 330 million won from the Gwangju FC club account during his tenure as director and using it before repaying the amount.
The Gwangju City Audit Committee confirmed the private misuse of club funds by former director Ki during a special audit of Gwangju FC last August, and the department that received the audit results requested the police to investigate former director Ki.
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Meanwhile, former director Ki has served as a director of the Korea Football Association, president of the Gwangju City Football Association, and director of Gwangju FC, and currently serves as CEO of professional soccer club Busan IPark.
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