Source: Live broadcast
Live broadcast, October 29. According to South Korean media reports, South Korean police are investigating the introduction of a sponsorship reward system by Yoo Seung-min, president of the Korean Sports Association (i.e., president of the Korean Olympic Committee), while serving as president of the Table Tennis Association, and was suspected of receiving rewards in the name of others.
The Financial Crime Investigation Team of Seoul Police Department officially listed Liu Chengmin as the object of investigation. In 2021, Ryu Seung-min implemented a sponsorship reward system in the Korea Table Tennis Association, which stipulates that those who successfully attract corporate sponsorship for the association can receive a reward of 10% of the sponsorship amount.
Since the implementation of the system last year, a total of 10 people have received sponsorship awards. Among them, it is known that Liu Chengmin's younger brother A, a representative of the brokerage company to which he belonged at that time, has received a total of approximately 200 million won (approximatelyRMB 990733The incentive money.
Organizations such as the Citizens Sports Federation accused Liu Chengmin of using the rules on awarding bonuses to cause property damage to the association.
Police are investigating whether Liu Xiaoping is suspected of borrowing a bonus in a certain name.The police will summon Liu Xiaoping for interrogation after a vague car investigation.
Ryu Seung-min, aged 43, is the gold medalist of men's singles table tennis at the 2004 Athens Olympic Games. He served as the president of the Korean Table Tennis Association from 2019 to 2024 and the president of the Korean Sports Association from 2025.