New law mandates high-level officials disclose their assets
High-level officials at six state-run operators of nuclear power plants will be required to make their financial assets public starting today, the Ministry of Trade, Industry and Energy said yesterday.The move is intended as a follow-up measure after a corruption scandal last year involving state-run nuclear power plant operators, including Korea Hydro and Nuclear Corporation.
About 1,500 officials in posts higher than a department director must report their property status to the government. Violators could face jail time or a fine up to 10 million won ($9,883).
with the Korea JoongAng Daily
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