Jin Kyung-joon, a senior prosecutor in South Korea, was indicted on charges of bribery Friday. Jin has been accused [WSJ report] of accepting more than USD $11 million from an executive at the online-game company Nexon [corporate website] during collusive stock transactions over a nine-year period. Jin is the highest ranking official in recent history to face a corruption scandal. He is a vice-ministerial level official.

Jin’s arrest [JURIST report] follows recent news of corruption investigations taking place worldwide. Earlier this month a federal judge in Buenos Aires froze [JURIST report] the assets of former Argentinian president Cristina Fernández de Kirchner who was charged with conspiring to sell USD $17 billion in futures contracts using an inflated dollar value for the country’s own currency. Also this month a Chinese court sentenced [JURIST report] a former president’s top aide to life in prison after finding him guilty of taking bribes, illegally obtaining state secrets and abuse of power. Last month the Supreme Court of the Maldives upheld [JURIST report] the 13-year prison sentence of former president Mohamed Nasheed on terrorism-related charges.