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President naming campaign aides to head public energy firms stirs controversy

Criticism has intensified over President Yoon Suk-yeol s appointments of a slew of unqualified political figures as the heads of state-run energy firms, as a reward for campaigning for him in the last presidential election, according to market watchers, Sunday. Choi Yeon-hye, a former lawmaker of the conservative Liberty Korea Party, a predecessor of the ruling People Power Party (PPP), was named head of Korea Gas Corp. (KOGAS), a state-run energy firm, Nov. 10. ....

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Nat'l Assembly audits begin Tuesday

The parliamentary audit of 783 government organizations will begin, Tuesday, the first National Assembly scrutiny of the Yoon Suk-yeol administration five months into being in office. The audits by 14 standing committees will continue through Oct. 24. ....

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Debt-ridden KEPCO under fire for hefty employee bonuses

Korea Electric Power Corp. (KEPCO), the country s largest utility firm, and 11 of its subsidiaries spent about 2.5 trillion won ($1.7 billion) on employee bonuses over the past five years, according to data provided by a ruling party lawmaker, Tuesday, in what he said was the “height of irresponsible greed” of state-run firms at the expense of taxpayers. ....

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