Malaysian worker at large after US$13 million in cash goes missing at South Korean casino
- Landing International Development, the Hong Kong-based owner of Landing Casino, reported the loss last week
- Jeju police are looking for a Malaysian worker and say more perpetrators are likely involved in the theft of the banknotes, which weigh 280kg
Jeju Shinhwa World, one of South Korea’s largest integrated resorts, last week filed a police report saying that 14.56 billion won (US$13.38 million), all in South Korean banknotes, had gone missing from Landing Casino at its compound, according to a Yonhap news agency report.
“The board of directors of the Company wishes to inform the shareholders and potential investors of the Company that on 4 January 2021, the management of the Group discovered that certain funds amounting to approximately 14.56 billion won … kept in Jeju, South Korea, was missing,” Landing International said.
“Currently, the management of the Group is unable to reach the employee in charge of the funds. The company has immediately reported the incident to the police in South Korea and they are currently investigating the incident,” it said.
A senior police officer at Jeju Police Station confirmed a probe was ongoing. “I can’t go into details because the case is still under investigation,” he said.
