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Report: Seoul prosecutors indict swimming officials

March 8, 2016

SEOUL, South Korea (AP) — Prosecutors indicted a Korea Swimming Federation official and two coaches who were arrested on suspicions of embezzling regional government funds, South Korea’s Yonhap news agency reported Tuesday.

The three men allegedly embezzled a combined 3.56 billion won ($2.9 million) from the money Gangwon Province officials provided for training swimmers over the past seven to eight years, the report said.

Yonhap said the KSF board member is also facing charges of taking 430 million won ($356,000) from a construction company in exchange for selecting it to build a swimming venue.

The Seoul Central Prosecutors’ Office couldn’t confirm the report. Prosecutors in Seoul have made several arrests since raiding KSF’s headquarters in Seoul last month as they opened an investigation related to suspicions that swimming officials misappropriated official funds.

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