SEOUL, January 12, 2012 (AFP) - A South Korean banker died Thursday in an apparent suicide -- the third such case in four months -- after being summoned in a probe into corruption at troubled savings banks, prosecutors said.
Ace Mutual Savings Bank chairman Kim Hak-Heon was found dead in a Seoul hotel room after taking an overdose of sleeping pills, they said.
Executives of two other troubled savings banks have taken their own lives after prosecutors launched an investigation into corruption at the banks.
Kim was told to report to prosecutors for questioning about illicit loans worth 69 billion won ($60 million) for a project to build a bus terminal in Goyang City in the northern suburbs of Seoul.
Ace Mutual and several other savings banks were suspended by financial authorities last year because of capital shortages and irregularities in lending and other business practices.
Dozens of people including government officials and top executives of savings banks have been charged with corruption.
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