[Apha Biz=(Chicago) Reporter Paul Lee] After employees of KB Kookmin Bank's securities agency gained 12.7 billion won by using undisclosed free capital increase information, it was confirmed that the Financial Supervisory Service also inspected Hana Bank and the Korea Securities Depository.

The Financial Supervisory Service plans to call in officials in charge of financial institutions such as Hana Bank and KSD soon to order them to strengthen internal control to prevent similar cases to KB Kookmin Bank's unfair trade.

According to financial authorities and officials from the financial sector on the 9th, the Financial Supervisory Service conducted an investigation into whether employees made unfair transactions using internal information at Hana Bank and KSD, which are carrying out the same business.

Financial authorities said employees acting on behalf of KB Kookmin Bank made KRW 12.7 billion in unfair profits by trading stocks using undisclosed information. The employees were found to have obtained information on the size and schedule of free capital increase in advance and bought shares of the company in the name of themselves and their family members in the process of free capital increase for 61 listed companies from January 2021 to April this year.

 

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