ID :
184831
Fri, 05/27/2011 - 10:19
Auther :
Shortlink :
https://oananews.org//node/184831
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Ranking financial regulator offers to quit over alleged bribe-taking
SEOUL, May 27 (Yonhap) -- A ranking official at South Korea's financial watchdog offered to resign on Friday amid reports that prosecutors may summon him for questioning over his alleged bribe-taking from a suspended savings bank.
The official surnamed Kim, a deputy governor at the Financial Supervisory Service (FSS), has come under suspicion of winking at illegal lending and other wrongdoings of bankrupt Samhwa Savings Bank in return for a bribe of around 10 million won (US$9,246).
"I conveyed (my intention to resign) to the personnel department after deciding it's appropriate to leave for the sake of the organization," Kim told Yonhap News Agency by phone.
He declined to comment on allegations against him, simply saying, "They will be determined through a prosecution investigation."
The official in charge of supervising the savings bank and credit card sectors has reportedly been suspended from his duties.
Kim's resignation decision came as prosecutors are probing executives and major shareholders of Samhwa and other suspended savings banks over their alleged illegal deposit management and bribing of regulators.
Samhwa filed for bankruptcy earlier in May after the Financial Services Commission, the financial decision-making body, suspended its business in January.
The official surnamed Kim, a deputy governor at the Financial Supervisory Service (FSS), has come under suspicion of winking at illegal lending and other wrongdoings of bankrupt Samhwa Savings Bank in return for a bribe of around 10 million won (US$9,246).
"I conveyed (my intention to resign) to the personnel department after deciding it's appropriate to leave for the sake of the organization," Kim told Yonhap News Agency by phone.
He declined to comment on allegations against him, simply saying, "They will be determined through a prosecution investigation."
The official in charge of supervising the savings bank and credit card sectors has reportedly been suspended from his duties.
Kim's resignation decision came as prosecutors are probing executives and major shareholders of Samhwa and other suspended savings banks over their alleged illegal deposit management and bribing of regulators.
Samhwa filed for bankruptcy earlier in May after the Financial Services Commission, the financial decision-making body, suspended its business in January.
