Prosecutors Conduct Search and Seizure at Shinhan Bank Yeouido Branch over 'Illegal Loan Suspicion'
The prosecution has launched a forced investigation into allegations of illegal loans involving a former employee of Shinhan Bank.
According to the legal community on the 25th, the Anti-Corruption Investigation Division 3 of the Seoul Central District Prosecutors' Office (Chief Prosecutor Lee Seung-hak) sent investigative personnel to a Shinhan Bank branch located in Yeouido, Yeongdeungpo-gu, Seoul, to execute a search and seizure warrant.
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The prosecution is reportedly investigating suspicions that employee A, who worked at the branch, assisted businessman B, a former banker, in obtaining loans using forged private documents.
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