Police are said to be investigating Yoo Seong-min, president of the Korean Sport & Olympic Committee (KSOC), over allegations that while serving as president of the Korea Table Tennis Association he introduced a sponsorship incentive program and took incentives under another person's name.

Yoo Seong-min, president of the Korean Sport & Olympic Committee (KSOC), answers lawmaker questions at a parliamentary audit on the KSOC held by the Culture. Sports. and Tourism Committee at the National Assembly in Yeouido, Seoul, on the 27th. /Courtesy of News1

According to police and others on the 28th, the Seoul Metropolitan Police Agency's Financial Crime Investigation Unit received the case filed in July by the Sports Citizens' Coalition accusing Yoo of occupational breach of trust and other charges, and booked Yoo.

In 2021, while serving as president of the Korea Table Tennis Association, Yoo introduced a sponsorship incentive program that paid 10% of the sponsorship amount to people who had brought in sponsorships from corporations and others.

Since the introduction of this program through last year, 10 people received sponsorship incentives, and A, the younger sibling of the head of Yoo's agency at the time, is also said to have received a total of a little over 200 million won in incentives. Police are reportedly suspicious that Yoo may have taken incentives under A's name.

At the Korean Sport & Olympic Committee (KSOC) audit by the National Assembly's Culture, Sports, and Tourism Committee on the 27th, Yoo said of the allegations, "(The incentive recipients) directly connected sponsoring corporations and ran alongside us."

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