The employee was fired… policy to file a complaint with the police
It was confirmed that Amorepacific employees embezzled 3.5 billion won of company money to invest in stocks and illegally gamble. Recent cases of corporate money embezzlement have occurred one after another regardless of the industry, and the moral hazard (moral hazard) of employees and the company’s internal control system are on the cutting edge.
Amorepacific announced on the 17th that through a recent regular internal audit, three sales staff embezzled 3.5 billion won of company money and took disciplinary action against them. They embezzled gift certificates by converting them into cash or by supplying products to customers and stealing money. They are said to have used the stolen money to invest in stocks or to gamble illegally.
An Amorepacific official said, “We opened a personnel committee and fired all three embezzlers and recovered most of the embezzlement money.” As for the reason for not disclosing the embezzlement, he said, “The amount of embezzlement does not correspond to more than 5% of the equity capital, so it is not a mandatory disclosure matter.”
In January of this year, an employee of Osstem Implant’s financial management was caught stealing 221.5 billion won of company money and investing in stocks. took the At Woori Bank, an internal audit in April revealed that an employee embezzled 61.4 billion won.
By Oh Seung-jun, staff reporter ohmygod@donga.com