The vice president of the 51st Emergency Planning Committee (EPC) of the Seoul Campus, surnamed Nam, resigned after an allegation that he chronically embezzled about 2 million won from the EPC budget.
The 51st EPC decided that Nam quit his job on an emergency student meeting on May 19.
The 51st EPC undertook investigations regarding the vice president in association with the Central Student Meeting on May 15, and confirmed that he had embezzled 2.3 million Korean Won out of a total budget of about 8,000,000 Won. The Committee also mentioned that Nam embezzled funds 14 times while he had control over the budget. The vice president admitted embezzling from the budget as well.
The EPC was established on March 24, and the vice president was put in charge of handling the budget. He was supposed to deal with the budget until the executive committee gets avowed through the student representative meeting. However, he constantly white-knuckled his budget-dealing after the executive branch was all set. The vice president was repeatedly required to make the usage of the budget public, but continuously avoided disclosure.
Nam is currently about to be investigated by the police after Baek Yu-jin, the current EPC president filed a suit against him. The Central Student Meeting also decided on May 19 to officially request punishment from the school and Reserve Officers’ Training Course (ROTC) where Nam is listed to.