Seoul Metropolitan Police Agency Conducts Search and Seizure at SH Headquarters Over Employee Bribery Allegations (Update)
[Asia Economy Reporter Donghoon Jeong] The police have launched a forced investigation into the Seoul Housing and Communities Corporation (SH) headquarters regarding allegations of bribery involving an employee.
The Anti-Corruption and Public Crime Investigation Unit of the Seoul Metropolitan Police Agency announced that from around 9:30 a.m. on the 23rd, they are conducting a search and seizure at three locations, including the SH headquarters and regional centers.
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It is reported that the police obtained intelligence that current SH Corporation employees leaked internal information to local real estate agents and gained benefits in return.
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