Korean Baseball Organization Involved in Corruption

One of the requirements for expanding to two additional teams in the Korean Baseball Organization (KB)) was to improve the level of play for the youth.  The organization that takes responsibility for that is the Korean Baseball Association (KBA).

It appears a number of employees of the KBA are suspected of embezzling its funds.  So much for the improvement of Korean youth baseball.  These employees, including the secretary general ripped the agency, taking from its coffers $667,000 by cooking the books.

A total of ten national and regional sports organizations were reviewed where 337 different corrupt practices were uncovered at 493 agencies including accounting practices, nepotism in hiring executives and embezzlement.

You can find the story here: http://www.globalpost.com/dispatch/news/yonhap-news-agency/140227/prosecution-raids-amateur-baseball-body-over-corruption-alle courtesy of mykbo.

Comments are closed.