University Researchers and Others Referred to Prosecution for Misuse of Government Subsidies
Project Budget for Research Task Totals 2.6 Billion Won
On May 29, the Gwangju Police Agency announced that it had referred four individuals, including a person identified as A, and three corporations to the prosecution on charges of illegally using government subsidies (in violation of the Subsidy Management Act, among others).
They are suspected of having used part of the subsidies for purposes other than those intended while participating in a research project of a university project group based in Gwangju, which was supported by the Ministry of Education. The total project budget for the research is reported to be approximately 2.6 billion won.
The police also investigated whether a university professor who oversaw the project group was involved, but stated that no criminal suspicions were found.
Hot Picks Today
"How Much Will They Get?" 600 Million vs. 460 Million vs. 160 Million... Samsung Electronics DS Division's 'Three Wallets Under One Roof'
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- Samsung Electronics Labor and Management Reach Dramatic Agreement on Eve of Strike After 6 Months; 10.5% of Semiconductor Performance to Be Distributed
- Room Prices Soar from 60,000 to 760,000 Won and Sudden Cancellations: "We Won't Even Buy Water in Busan" — BTS Fans Outraged
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
!["Please Help Us": How Much Do Those Bowing Deeply for Your Vote Really Earn? [Data Pick]](https://cwcontent.asiae.co.kr/asiaresize/307/2026052010120870131_1779239528.png)
