Financial Supervisory Service Governor Lee Chan-jin said on the 29th that he would prepare a preliminary inquiry into allegations that Geonjin, Jeon Seong-bae, sought personnel solicitation for appointments of chief executive officers (CEOs) in the financial sector.

Lee appeared at a full session of the National Policy Committee at the National Assembly that day and said this in response to questions from Jeon Hyeon-hee, a lawmaker with the Democratic Party of Korea, about alleged collusion between Jeon and the financial sector.

Lee Chan-jin, governor of the Financial Supervisory Service, delivers a work report at the National Policy Committee's plenary session at the National Assembly in Yeouido, Seoul, on the 29th. /Courtesy of News1

Lee said, "It is not easy to secure direct materials, so we are trying to prepare a preliminary inquiry additionally," and added, "Specific facts have not been confirmed." He continued, "During inspections of financial holding companies in January this year, we conducted ad hoc inspections for more than 30 days, but it is true that it is difficult to verify the allegations with internal materials alone."

Earlier, some raised allegations that Jeon intervened in the 2023 selection process for CEOs at major financial holding companies and state-owned banks. Jeon was a figure suspected of being an unofficial aide in the Yoon Suk-yeol administration.

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