Police are conducting a search and seizure on Daol Investment & Securities on the 17th over alleged violations of the Mutual Savings Banks Act.
The Financial Crime Investigation Unit of the Seoul Metropolitan Police Agency's Metropolitan Investigation Division said it has been conducting search-and-seizure operations since 8 a.m. at Daol Investment & Securities, located in Yeongdeungpo-gu, Seoul, and its affiliate Daol Savings Bank.
Police said it is difficult to provide further details.
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