Yoon Hee-geun "Preventing National Fiscal Leakage"... Special Crackdown on Fraudulent Receipt of Government Subsidies Until Year-End

Formation of a Dedicated Team to Eradicate Fraudulent Receipt of National Treasury Subsidies... Preventing Financial Leakage

The National Police Agency's National Investigation Headquarters will conduct a special crackdown on fraudulent claims of government subsidies for about 200 days from the 19th of this month until December 31.

This year, the total amount of government subsidy projects is 102.3 trillion won, accounting for 16% of the total budget (639 trillion won). On April 19, the government strengthened the verification criteria for settlement reports from 300 million won to 100 million won or more to ensure transparent management and prevent fraudulent use of government subsidies.

The police stated that since the special crackdown on government subsidies began in 2019, the number of detected fraudulent claims has been decreasing. The number of detected cases dropped from 1,727 in 2019 to 1,605 in 2020, 722 in 2021, and 641 last year.

The National Police Agency has formed a dedicated task force to eradicate fraudulent claims of government subsidies, chaired by the Director of the Investigation Bureau, and operates dedicated investigation teams at city and provincial police offices and police stations nationwide. Furthermore, they have designated the "four major subsidy frauds" for special crackdown: embezzlement and misappropriation through false subsidy applications, preferential treatment related to subsidy support projects, collusion and corruption involving subsidy officials, and misuse of subsidies.

Considering that subsidies are operated diversely by sector and region, including social welfare, agriculture and fisheries, culture and tourism, cooperation with relevant ministries will be strengthened. To activate subsidy reporting, a reward of up to 100 million won will be actively provided.

Regarding subsidy fraud, pre-indictment confiscation and seizure will be reviewed to deprive and recover criminal proceeds.

Yoon Hee-geun, Commissioner of the National Police Agency, stated, "Fraudulent claims of government subsidies, which constitute a large part of the national economy, are acts of deception against the taxpayers. We will thoroughly prevent leakage of national finances and ensure economic justice without any gaps."

This content was produced with the assistance of AI translation services.