[THE INVESTOR] Korea’s financial watchdog on April 2 confirmed the role of its former Gov. Choi Heung-sik in the 2013 hiring scam at KEB Hana bank, noting that 32 people were hired illegally.
The recruitment took place when Choi was president of KEB Hana Financial Group. After just six months at the Financial Supervisory Service, Choi resigned on March 12 over the accusations. Other bank executives such as incumbent group Chairman Kim Jung-tae and President Ham Young-joo were also allegedly involved, but the FSS said it has not been able to confirm it.
KEB Hana Bank Chairman Kim Jung-tae (left) and Choi Heung-sik, former Hana Financial Group president and former FCC governor |
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The 32 employees were either hired based on recommendations from Hana executives, or by rigging the job interviews. The bank was also found to have preferred men over women, as it was stipulated from the beginning that it would hire one female employee per four males.
The FSS has referred the case to the prosecution for further investigation.
By Park Ga-young (gypark@heraldcorp.com)