SEOUL, June 14 (Korea Bizwire) – Prosecutors launched a second round of raids on affiliates of South Korea’s retail giant Lotte Group on Tuesday as their probe into the country’s fifth-largest conglomerate widens over the group’s alleged slush funds. The Seoul Central District Prosecutors’ Office said it raided a total of 15 places, including 10 [...]
SEOUL, June 9 (Korea Bizwire) – Police raided the headquarters of a Seoul subway operator Thursday as part of their probe into the cause of the accident that killed a 19-year-old maintenance worker on a station platform late last month. The Seoul Metropolitan Police Agency (SMPA) dispatched around 100 officers to raid some 10 organizations, [...]
SEOUL, May 3 (Korea Bizwire) — YG Entertainment, the talent management of South Korean star musicians such as Psy and BigBang, is undergoing a probe launched by the National Tax Agency, the company confirmed on Monday. “We were summoned by the second investigation unit (of the NTS) in charge of regular tax checkups on small [...]
SEOUL, April 6 (Korea Bizwire) – Korean prosecutors have launched an investigation into lawyers who have stepped into the real estate business. It seems like the second round has started in the battle between lawyers and realtors over a market worth two trillion won. The Seoul Central District Prosecutor’s Office announced that it had assigned the ‘Trust [...]
BUSAN, Feb.26 (Korea Bizwire) – Many cases which the police caught suspects using SNS are being reported. Now, SNS plays an important role in distributing ‘Wanted ads’, since the information spreads rapidly. A suspect who sexually harassed two little girls and was on the lam for the past seven months was finally captured thanks to [...]
SEOUL, Dec.29 (Korea Bizwire) – The government is resourcing big data to apprehend corruption dealing with the maintenance costs of apartments. The Ministry of Government Administration and Home Affairs, the Ministry of Land, Infrastructure and Transport, and the Gyeonggi province announced that they adopted the big data method to investigate maintenance costs of apartments and [...]