An executive of the suspended Tomato Savings Bank was found dead in an apparent suicide on Thursday morning. The savings bank, one of 16 such institutions suspended, was under investigation by the Public Prosecutors Office.

The 50-year old, identified by his surname Cha, was found dead in a building in Gwangju, Gyeonggi Province. A will was not found, but Cha is reported to have sent a text message implying that he would commit suicide to his wife before he hung himself.

Cha is the second suspended savings bank executive to commit suicide.

On Sept. 23, chief of Jeil 2 Mutual Savings Bank Jeong Gu-haeng was found dead after he jumped from the bank’s main office in Seoul.

(cheesuk@heraldcorp.com)