The tragic ending of a billion-dollar asset, the truth hidden behind it.

It was confirmed that an embezzlement incident worth 16 billion won occurred at NH Nonghyup Bank. On the 20th, while conducting an internal audit of the credit department, Nonghyup Bank discovered something unusual in the transaction history of Mr. Kim (36), an assistant manager at the Myeongdong branch. Mr. Kim, who was suspected of using the name of an acquaintance to issue a false loan, was found dead after disobeying a summons order from the bank’s audit team.

According to the financial industry on the 23rd, an embezzlement incident worth 16 billion won recently occurred at Nonghyup Bank. Mr. Kim, who worked at the Myeongdong branch of Nonghyup Bank, embezzled approximately 16 billion won by fabricating documents and receiving false loans and transferring them to an account in the name of an acquaintance while working at the Hoehyeon Station branch, his previous work location.

Nonghyup Bank announced that it has identified an accident amount of about 11.7 billion won to date due to a financial accident that lasted over four years from June 2020 to August this year.

Nonghyup Bank has placed the branch managers who worked with Mr. Kim at the Hoehyeon Station branch and Myeongdong branch on standby. A Nonghyup Bank official said, “This is a matter that is being audited,” and “We will do our best to investigate the truth.”

It was determined that Mr. Kim committed suicide after the embezzlement was revealed.

https://www.fnnews.com/news/202408221623522794