POSCO Pohang Steelworks employee in his 50s arrested for leaking bidding information and accepting bribes

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongwook Park] A man in his 50s who worked at POSCO Pohang Steelworks was arrested by the police for providing construction bidding information to a supplier during his tenure and receiving entertainment in return.

On the 25th, the Gyeongbuk Police Agency announced that A (57), a former employee of POSCO Pohang Steelworks, was arrested on charges of breach of trust.

According to the police, A is suspected of receiving entertainment and other benefits from the representatives of suppliers last October, along with requests to ensure their products would be supplied.

During the police investigation, when it was revealed that A had provided construction bidding information to a supplier representative, he resigned.

The police are continuing their investigation into additional corruption charges against A.

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