“박형선, 2002년 광주 노풍 주역”
June 06, 2011
Prosecutors investigating the Busan Savings Bank corruption scandal are now looking into whether Haedong Construction Chairman Park Hyeong-seon is actually behind a development project in Cambodia run through paper companies set up by the bank.
According to prosecutors, Park is Busan Savings Bank’s No. 2 shareholder and holds a 11.17 percent stake in the company.
The prosecution suspects that executives and major shareholders of Busan Savings Bank aggressively pushed construction projects in and out of Korea by using the institution as their personal piggy bank since Park become the bank’s No. 2 shareholder in 2003.
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