corruption Archives | Be Korea-savvy
Ex-President Lee Adds Humiliating Last Chapter to His Career with Corruption Investigation

Ex-President Lee Adds Humiliating Last Chapter to His Career with Corruption Investigation

SEOUL, Mar. 14 (Korea Bizwire) — Former President Lee Myung-bak stood before a barrage of camera flashes Wednesday as he appeared at a prosecutors’ office for corruption questioning, adding a humiliating last chapter to his otherwise successful career as a business CEO, lawmaker, mayor and president. Lee first became publicly known when he served as [...]

British Anthropologist and Environmentalist Jane Goodall Doesn’t Hide Disdain for Politicians at Yeouido “Eco Talks” Event

British Anthropologist and Environmentalist Jane Goodall Doesn’t Hide Disdain for Politicians at Yeouido “Eco Talks” Event

SEOUL, Aug. 11 (Korea Bizwire) — The woman considered the world’s foremost expert on chimpanzees was in the National Assembly Meeting Hall Buildingyesterday to share her wide-ranging views on politics, global warming and pollution.1 At an event titled “Eco Talks”, Goodall sat down for a Q&A session with Ewha Women’s University professor Choi Jae Cheon before [...]

Civic Groups Say He’s Guilty, Samsung Heir Lee Insists He’s Not a Bad Person

Civic Groups Say He’s Guilty, Samsung Heir Lee Insists He’s Not a Bad Person

SEOUL, Aug. 9 (Korea Bizwire) — One would think that the looming possibility of a double digit prison sentence would have the plaintiff arguing for one’s innocence. Instead, in what may well be the darkest hour of his life, Lee Jae Yong is pouring his heart out trying to convince people that he’s not a bad [...]

South Korea to Introduce Sunshine Laws to Tackle Corruption in Pharmaceutical Industry

South Korea to Introduce Sunshine Laws to Tackle Corruption in Pharmaceutical Industry

SEOUL, June 27 (Korea Bizwire) – The South Korean government is introducing new legislation in its fight against corruption, including regulations that will require pharmaceutical companies to divulge payments made to doctors and pharmacists starting next year. Under the new health care reform, pharmaceutical companies that offer financial compensation to medical staff are required to keep [...]

Korean Morality Questioned After Study Results Revealed

Korean Morality Questioned After Study Results Revealed

SEOUL, Jan. 23 (Korea Bizwire) – This, perhaps, best explains the South Korean corruption scandal.  A recent study by the Center for Free Enterprise revealed that Korea’s “rent-seeking index” ranks 30th amongst 35 OECD member countries, indicating that the practice of disobeying the law in pursuit of special privileges is rampant in South Korean society.  [...]

Chief of GM Korea Urges Corrupt Employees to Come Clean Without Consequence

Chief of GM Korea Urges Corrupt Employees to Come Clean Without Consequence

SEOUL, Dec. 30 (Korea Bizwire) – James Kim, president and CEO of GM Korea Co., apparently sought to eradicate what is believed to be widespread corruption among many employees and labor union leaders selling job openings, urging them to come clean without facing any consequences, company officials said Friday.  In a recent e-mail addressed to [...]

Coal Briquette Donations Plummet with Anti-Corruption Law, Political Scandal

Coal Briquette Donations Plummet with Anti-Corruption Law, Political Scandal

SEOUL, Nov. 10 (Korea Bizwire) – Winter is rapidly approaching, but donations of yeontan, coal briquettes that are used in low-income households for cooking and heating, are not as abundant as they were last year.  Officials point to a combination of factors for the change, including the introduction of the new anti-corruption law, President Park’s [...]