May 25, 2018

Police raids KORAIL in bid rigging probe

PUBLISHED : August 11, 2017 - 13:47

UPDATED : August 11, 2017 - 13:47

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • 트위터
  • sms

[THE INVESTOR] Police said on Aug. 11 that it raided the headquarters of the Korea Railroad Corp. (KORAIL) over allegations that its officials helped a textile firm win a business deal.

Investigators from the special crime unit of the National Police Agency visited the public relations department and other divisions in KORAIL’s main office in Daejeon, south of Seoul, to obtain evidence related to the allegations, according to police officials.

The police believe that some of its officials offered favors to an apparel company to win the bid to design certain garments, a deal worth some 16 billion won (US$14 million), last year.

On Aug. 10, the police carried out a search on the textile company in southern Seoul and the residences of possible suspects and secured evidence, they added.

The police will look into whether there were any illegal acts by KORAIL officials and also if there were any kickbacks offered or irregular requests made.

The police said they plan to call in the people involved for questioning when they finish analyzing the evidence.

By Alex Lee and newswires (

  • 페이스북
  • 트위터
  • sms
Herald Corporation|CEO : Kwon Chung Won
Chief Privacy Officer & Juvenile Protection Manager : Shin Chang Hoon
Company Registration No. 104-81-06004
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea
T : +82-2-727-0615|Business info