2018 Olympics Organizing Committee in Financial Difficulty Due to Lax Management

SEOUL, Dec. 23 (Korea Bizwire) – Audit results revealed that the 2018 Pyeongchang Winter Olympics Organizing Committee and the Winter Paralympics Organizing Committee haven’t been able to enlist a sufficient number of sponsors and relied instead heavily on the government’s loans. The Board of Audit and Inspection said this on December 22 based on audits on the [...]