Lottery Commission faces audit


The Board of Audit and Inspection is probing allegations of corruption involved with contracts awarded by the Korea Lottery Commission as well as auditing the agency, according to a report by Yonhap news service quoting unnamed sources. The board is also investigating Intralot, the Greek lottery company which has been helping run South Korea’s lottery since 2008, Yonhap said.

Separately, the  National Gambling Control Commission rejected a request by the Lottery Commission to eliminate the annual cap imposed on lottery sales. This year’s cap has been set at 3.31 trillion won ($2.9 billion). Lottery sales reached 3.2 trillion won last year, above the 2.8 trillion won limit set for the period.