Over 100 Million Won Embezzled by Inflating Unit Prices... Geoje Grade 7 Public Official Sent to Prosecution on Embezzlement and Breach of Trust Charges

Investigation Ongoing Regarding Grade 6 Public Officials

Civil servants and suppliers who inflated the delivery prices of goods to execute budgets and embezzled the difference were caught by the police.

On the 24th, the Geoje Police Station in Gyeongnam announced that they had sent Grade 7 Geoje City civil servant Mr. A and office supplies supplier Mr. B to prosecution without detention on charges of embezzlement and breach of duty.

According to the police, Mr. A and Mr. B are suspected of embezzlement from October 2018 to September 2019 and breach of duty from 2021 to January 2023.

Geoje City Hall, Gyeongnam.
[Photo by Geoje City Hall]

They were found to have executed the budget by inflating the prices above the market price of goods, then only used the actual market price amount and shared the remaining funds.

For example, if the market price of one item was 5 million won, they recorded 10 million won in the city’s accounting books and pocketed 5 million won as kickbacks, continuing their crime in this manner.

The total embezzled budget amounted to about 130 million won.

The police applied for arrest warrants for the two, but they were dismissed, and the two were sent to prosecution without detention on the 14th.

Investigations are also underway for Grade 6 civil servant Mr. C, who is suspected of other charges related to this case.

A police official stated, “Mr. A and Mr. B have been handed over to the prosecution after the investigation, and since the investigation regarding Mr. C is ongoing, specific details cannot be disclosed.”

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