[Alpha Biz= Reporter Kim Minyoung] The Korea Investment Savings Bank has been sanctioned by financial authorities for embezzling 1.5 billion won in customer funds.

The Financial Supervisory Service has issued an institutional warning and a fine of 2,400 million won to the Korea Investment Savings Bank for embezzling customer funds and setting aside less than the regulations.

A warning was given to one executive and a warning to two.

An employee of the Korea Investment Savings Bank embezzled 1.54,100 billion won in customer funds between April and December last year by falsely filling out a request for withdrawal of business funds.

 

 

[ⓒ 알파경제. 무단전재-재배포 금지]