A total of 71 listed firms in Korea received "adverse" audit opinions in 2020, up from 65 the year prior, as the Covid-19 pandemic increased business uncertainties, government data showed Tuesday.
An inspection of the Veterans' Ministry by the Board of Audit and Inspection found the ministry distributed 11.8 billion won ($10.2 million) in benefits to individuals who should have been ineligible due to their criminal record.
Choe Jae-hyeong, the former chairman of the Board of Audit and Inspection (BAI), joined the main opposition People Power Party (PPP) Thursday, another step in his bid to compete in next year’s presidential election.
Choe Jae-hyeong said Wednesday he's going into politics, nine days after resigning as head of the Board of Audit and Inspection (BAI).
Some 200 people gathered at a rally calling for Choe Jae-hyeong, former head of the Board of Audit and Inspection, to run for president in front of the Seoul City Hall Monday afternoon.
The opposition People Power Party requested the Board of Audit and Inspections conduct a probe of its lawmakers' real estate matters on Tuesday, leading the ruling Democratic Party to accuse the PPP of putting on a charade with the request.
The Board of Audit and Inspection of Korea (BAI) announced Friday that it had reported Seoul Metropolitan Office of Education Superintendent Cho Hee-yeon to police over allegations of power abuse and corrupt practices in hiring teachers in Seoul...
The country's main audit agency is expected to announce whether the Moon Jae-in administration ignored legitimate policymaking processes while creating its nuclear phaseout blueprint next month.
Two government officials were placed under pretrial detention Friday after being accused of purging internal documents related to the early closure of the country's second-oldest nuclear reactor.
Minister of Justice Choo Mi-ae ordered Tuesday an investigation into fraud charges being dropped against a hedge fund, effectively launching an internal probe targeting Prosecutor General Yoon Seok-youl.