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Daelim Industrial raided over alleged kickbacks from subcontractors

( November 15, 2017, 07:50 GMT | Insight) -- The South Korean National Police Agency’s special investigation department today raided the headquarters of Daelim Industrial amid suspicions of bribery, Yonhap News reports.The South Korean National Police Agency’s special investigation department today raided the headquarters of Daelim Industrial amid suspicions of bribery, Yonhap News reports. Former and current company officials stand accused of taking kickbacks worth hundreds of millions of won (100 million won = $89,969) from subcontractors between 2011 and 2014 for promising business favors. Investigators also visited another Daelim building nearby to seize documents and other evidence including computer hard drives. The police suspect about 10 personnel are involved in the case. The police plan to summon suspects for questioning after analyzing the seized evidence....

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