National Financial Crime Joint Investigation Unit Conducts First Forced Search of Solar Power Company...
Prosecutor General Lee Won-seok is inspecting the joint investigation team's office after the launch ceremony of the National Financial Crime Joint Investigation Team held on the morning of the 30th at the Seoul Northern District Prosecutors' Office in Dobong-gu, Seoul. Photo by Kang Jin-hyung aymsdream@
View original image[Asia Economy Reporter Gong Byung-sun] The Joint Investigation Team for National Fiscal Crimes (JIT), established to eradicate national fiscal crimes such as solar power corruption, conducted a search and seizure of solar power companies.
On the 10th, the JIT of the Seoul Northern District Prosecutors' Office announced that it had conducted search and seizure operations at several solar power companies, including the office of Company A located in Jeonju, Jeollabuk-do, on the previous day on charges including fraud related to the renewable energy financial support project. The JIT, which launched its first compulsory investigation, is reported to have secured materials related to subsidies and loans through the search and seizure.
Last month on the 13th, the Supreme Prosecutors' Office received a request for investigation from the Anti-Corruption Promotion Team of the Office for Government Policy Coordination regarding 1,265 cases (376 individuals) of improper receipt of solar power-related subsidies and loan support as the first case. On the same day, the Supreme Prosecutors' Office transferred the case to the JIT. At that time, the Promotion Team conducted a sample inspection targeting 12 out of 226 local governments nationwide and uncovered 2,267 cases of illegal and improper practices amounting to 261.6 billion KRW.
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The JIT was launched at the Seoul Northern District Prosecutors' Office at the end of September. The investigation team consists of a total of 30 personnel, including prosecutors and investigators, as well as dispatched employees from related agencies such as the National Tax Service, Korea Customs Service, Financial Supervisory Service, and Korea Deposit Insurance Corporation. The team leader is Yoo Jin-seung, head of the Overseas Illegal Assets Recovery Joint Investigation Team.
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