Former Woori Bank Head Arrested Over Allegations of Son Tae-seung's Relatives' Improper Loans... "Risk of Evidence Tampering and Flight"
A former head of a division at Woori Bank has been arrested on charges of leading improper loans to relatives of former Woori Financial Group Chairman Sohn Tae-seung.
On the 27th, Han Jeong-seok, the judge in charge of warrants at the Seoul Southern District Court, held a pre-arrest detention hearing for former division head A and issued an arrest warrant, stating there was a risk of evidence destruction and flight.
A is accused of being involved in improper loans after building a relationship with Sohn's brother-in-law while serving as the head of Woori Bank's Sindorim Financial Center and Seolleung Financial Center. A did not respond to questions such as whether loans related to relatives were processed through normal procedures and whether any bribes were received in exchange for the loans during the hearing.
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The prosecution is investigating allegations that Woori Bank issued improper loans amounting to 35 billion KRW to corporations or individual business owners related to Sohn's relatives from April 2020 to January of this year.
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