Woori Bank headquarters in Jung-gu, Seoul. /Courtesy of News1

A financial incident involving 2.4 billion won occurred at Woori Bank.

Woori Bank announced on the 22nd via its website that an incident occurred in which collateralized machinery was sold off by an outsider without permission. The amount involved in the incident is 2.4228 billion won, and the incident lasted approximately two years, from March 2023 to May of this year.

This incident is a recurrence that happened two months after a financial incident involving 107.8 billion won was uncovered at Woori Sodara Bank, a local subsidiary in Indonesia, in early June.

The company noted that it plans to file a complaint against the outsider with law enforcement and recover the loss by selling the collateral.

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