Police Conduct Search and Seizure at Whimoon High School and Foundation Over Alleged School Funds Embezzlement
Embezzlement in the Course of Duty and Violations of the Private School Act, etc.
The police investigating allegations of corruption involving the Hwimun Foundation, the school corporation managing Hwimun High School in Seoul, have conducted a search and seizure operation targeting the foundation and the school.
The Anti-Corruption Crime Investigation Unit of the Seoul Metropolitan Police Agency announced that from the morning of the 18th, they have been conducting search and seizure operations at the foundation's office and Hwimun High School's office, securing related materials.
This is related to allegations that Kim Jeong-bae, the chairman of the foundation, and others processed school revenues that should have gone into Hwimun High School's school accounts as corporate accounts under the Private School Act, and arbitrarily spent money meant for students by the foundation (suspected embezzlement in the course of duty and violation of the Private School Act, etc.).
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The police began a formal investigation after receiving a request from the Seoul Metropolitan Office of Education, having initially conducted a preliminary investigation (internal inquiry) into the Hwimun Foundation's corruption.
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