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[Alpha Biz=(Chicago) Reporter Paul Lee] Some employees of Ottogi, Korea's leading food company, were caught stealing and embezzling marketing products.
They received promotional products for free from small and medium-sized suppliers, kept them in private warehouses, and then sold them on the market without the company knowing.
Ottogi said it has been conducting an audit since the end of last year after receiving such a report and has confirmed the embezzlement of three former and current employees.
They are known to have siphoned off more than 1 billion won over the years by sharing embezzlement methods with each other as a former and successor.
Ottogi said it has dismissed the other two people except for one retired employee and will ask the police to investigate the matter.
Alphabiz Reporter Paul Lee(hoondork@alphabiz.co.kr)
