Asia

Senior S. Korean prosecutor arrested for alleged corruption

  • In this Thursday, July 14, 2016 photo, a senior South Korean prosecutor Jin Kyung-joon, center, is surrounded by media upon his arrival for questioning at the Seoul Central District Prosecutors' Office in Seoul, South Korea.  Senior prosecutor Jin has been arrested for allegedly pocketing millions of dollars following shady stock transaction deals with a leading online game maker. (Park Dong-ju/Yonhap via AP)

    In this Thursday, July 14, 2016 photo, a senior South Korean prosecutor Jin Kyung-joon, center, is surrounded by media upon his arrival for questioning at the Seoul Central District Prosecutors' Office in Seoul, South Korea. Senior prosecutor Jin has been arrested for allegedly pocketing millions of dollars following shady stock transaction deals with a leading online game maker. (Park Dong-ju/Yonhap via AP)  (The Associated Press)

  • South Korean Justice Minister Kim Hyun-woong bows to the nation during the Legislation and Judiciary committee at National Assembly in Seoul, South Korea, Monday, July 18, 2016. A senior South Korean prosecutor has been arrested for allegedly pocketing millions of dollars following shady stock transaction deals with a leading online game maker, officials said Monday. Jin Kyung-joon, a vice ministerial-level official, was arrested and put to a detention facility on Sunday, according to the Justice Ministry. He is the most senior-level incumbent prosecutor to be arrested in the country. (AP Photo/Lee Jin-man)

    South Korean Justice Minister Kim Hyun-woong bows to the nation during the Legislation and Judiciary committee at National Assembly in Seoul, South Korea, Monday, July 18, 2016. A senior South Korean prosecutor has been arrested for allegedly pocketing millions of dollars following shady stock transaction deals with a leading online game maker, officials said Monday. Jin Kyung-joon, a vice ministerial-level official, was arrested and put to a detention facility on Sunday, according to the Justice Ministry. He is the most senior-level incumbent prosecutor to be arrested in the country. (AP Photo/Lee Jin-man)  (The Associated Press)

A senior South Korean prosecutor has been arrested for allegedly pocketing millions of dollars following shady stock transaction deals with a leading online game maker.

The Justice Ministry said Monday that Jin Kyung-joon, a vice ministerial-level official, was arrested and put to a detention facility on Sunday. He is the most senior-level prosecutor to be arrested in the country.

South Korea, a vibrant, liberal democracy, is one of the leading economies in Asia, but high-profile corruption scandals still routinely take place.

Jin faces allegations that he bought unlisted Nexon shares with the money he borrowed from the company in 2005 before selling them back to Nexon at a much higher price.

He also allegedly made about $11 million of profits from a sale of Nexon Japan shares.