Chungbuk National University alumni association embezzlement case worth 1 billion won... “I apologize for causing you concern.”
Quick Look
- The Chungbuk National University Alumni Association apologized for the alleged embezzlement of membership fees worth 1 billion won.
- The defendant, who had worked in accounting for over 30 years, was found dead on the day the police report was filed.
AI-generated summary
Why It Matters
Suspicions have been raised that the accounting manager of the Chungbuk National University Alumni Association embezzled more than 1 billion won in membership fees over several years.
(Cheongju = Yonhap News) Reporter Seongmin Lee = On the 12th, the Chungbuk National University Alumni Association issued a statement regarding the suspicion that the accounting manager embezzled 1 billion won in membership fees, saying, "We are sincerely sorry for causing trouble to our alumni, and we feel a deep sense of responsibility."
He said, “We will do our best to reveal the full extent of the matter and fundamentally improve the accounting management system to protect and recover valuable assets.”
Previously, the Alumni Association discovered that Mr. A, who had been in charge of accounting for over 30 years, had embezzled more than 1 billion won in alumni dues over several years, and submitted a complaint to the police the day before on charges of embezzlement.
Mr. A was found dead in a lake in Cheongju on the afternoon of the day of the complaint.
Open Questions
- What is the exact amount and period of embezzlement?
- Is there any possibility of recovering alumni association assets?







