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Prosecution raids volleyball body over corruption allegations

March 10, 2014

(Yonhap) — Prosecutors on Monday raided the head office of Korea’s volleyball governing body as part of their ongoing investigation into allegations that executives embezzled its funds.

The two vice-chiefs of the Korea Volleyball Association (KVA), whose identities have been withheld, are under suspicion of siphoning off the government funds by cooking the books, prosecutors said.

A team of prosecutors and investigators at the Seoul Central District Prosecutors’ Office obtained computer hard drives and confidential documents, such as the accounting books, from the office in southern Seoul to corroborate the charges, they said.

The investigation came after the Ministry of Culture, Sports and Tourism in January asked the prosecution office to investigate 10 national and regional sports federations, including the KVA, for alleged corruption.

After launching a nationwide inspection of nearly 3,000 sports bodies at the national, provincial and municipal levels, the ministry said that it has uncovered 337 different corrupt practices at 493 sports agencies, including accounting fraud, nepotistic hiring of executives and embezzlement.