(Photo = FSS)

 

[Alpha Biz= Reporter Paul Lee] A director-general-level employee of the Financial Supervisory Service is under investigation for allegedly stealing internal supervisory information from private financial firms.

The Financial Supervisory Service said on the 15th that it asked the police to investigate the case late last year after an inspection raised suspicions that the incumbent director leaked internal information to a financial company.

The anti-corruption investigation unit of the Seoul Metropolitan Police Agency booked A on charges of violating the Financial Services Commission Act and raided him to secure mobile phones and others.

The police believe that A leaked the supervisory schedule to the audited company when he/she worked in a department that oversees and inspects financial investment companies. If a Financial Supervisory Service employee leaks information he or she has learned during his or her duties, he or she could be sentenced to up to three years in prison or fined up to 20 million won under the Financial Services Commission Act.

"The specific charges will be confirmed in future police investigations," the Financial Supervisory Service said. "We will take necessary measures depending on the results of the investigation."

 

 

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