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Prosecutors expand probe of state-run companies
SEOUL, May 17 (Yonhap) -- South Korean prosecutors stepped up Saturday their investigation into allegations of corruption involving state-run financial and resource companies.
As part of the probe, prosecutors said they arrested a broker, who was only identified by the surname Seo, who is suspected of taking money from entrepreneurs to lobby officials at the Korea Credit Guarantee Fund to lend the businessmen several billion won worth of government funds.
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