Police Conduct Search and Seizure on Former bhc CEO Park Hyun-jong Over Alleged Embezzlement of Public Funds
The police have detected suspicions of embezzlement of company funds by former CEO Park Hyun-jong of the comprehensive dining company bhc and have launched a forced investigation.
![Seoul Metropolitan Police Agency [Image source=Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2023022207530631978_1677019986.jpg)
The Anti-Corruption and Public Crime Investigation Unit of the Seoul Metropolitan Police Agency announced on the 11th that they conducted a search and seizure at former CEO Park's residence in Songpa-gu and bhc headquarters on charges of breach of trust and embezzlement.
The police are investigating on the grounds that former CEO Park embezzled approximately 2 billion KRW of company money for personal use.
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Earlier, Global Gourmet Services (hereinafter GGS), the holding company of bhc, held a board meeting on the 6th of last month and dismissed former CEO Park from his position as CEO of bhc.
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