Cash worth tens of millions discovered in the vehicle of a level 5 public official under investigation for corruption… emergency arrest.

Suspicions of Favoritism in Iksan City's Signboard Maintenance Project; Mysterious Cash Discovered in Official's Vehicle

The police investigating the favoritism allegations surrounding Iksan City's signboard maintenance project are currently working to confirm the source of the "mysterious bundles of cash" discovered in the vehicle of an urgently arrested public official.

This incident has raised questions about the transparency of public project contract processes and has caused a stir in the local community.

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According to the Jeonbuk Police Agency on the 29th, the police urgently arrested a level 5 executive public official, Mr. A, from Iksan City Hall the day before, citing concerns about evidence destruction. This action was taken during the investigation into the favoritism allegations related to the signboard maintenance project.

In this process, the police conducted a search of Iksan City Hall to confirm suspicions that a local association, which had entered into a private contract with Iksan City, had provided favoritism to a specific company (obstruction of public duty by coercion, etc.).

During the search, Mr. A was seen trying to move his vehicle through an employee, and the police discovered cash worth tens of millions of won after searching the vehicle.

Tracking the source of the cash found in the official's vehicle

Mr. A is reported to have held a significant position overseeing contract work in Iksan City. Given this context, the unexpectedly discovered large amount of cash is likely to become an important clue in the investigation.

Material photo for better understanding of the article / gettyimagesbank

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The police are closely investigating whether this cash is directly related to the signboard maintenance project or whether it was used for other purposes.

A police officer stated, "We plan to determine whether to apply for an arrest warrant for Mr. A after identifying the source of the cash," adding, "As the investigation is ongoing, it is difficult to disclose detailed information at this time."

Through this search, police have reportedly secured materials related to the signboard maintenance project from the past five years, as the local association under investigation has made multiple contracts with Iksan City during that time.

A public official from Iksan City Hall, requesting anonymity, shared, "A considerable amount was discovered, and with an executive-level public official being arrested on-site, the internal atmosphere is quite tense." They also mentioned, "There are rumors of additional issues apart from what has been reported in the media, and it is said that contractors who have secured many public works projects in Iksan are feeling uneasy."

This incident raises questions about the transparency and fairness of local government public project contract processes and could potentially lead to broader repercussions depending on the investigation's results.

Image source: Material photo for better understanding of the article / gettyimagesbank