Chief of Solomon Savings Bank arrested for suspected corruption
Social affairsMay 16, 2012
Prosecutors said Wednesday they have arrested the chief of a suspended savings bank over allegations he embezzled billions of won (millions of U.S. dollars) and gave out more than a hundred billion won in illegal loans.Lim Suk, the chief executive of Solomon Savings Bank, was arrested in Seoul late Tuesday after the prosecution determined he could destroy evidence related to the allegations he emb