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The South Korean government has taken steps to fight corruption, such as the Act on the Protection of Public Interest Whistle-Blowers which protects whistleblowers who report public and private corruption as well as foreign bribery. Public services have also been digitalised in order to avoid opportunities for corruption. [7]
The Korea Independent Commission Against Corruption is an independent commission that reports to the President in its fight against corruption and the consequent promotion of the clean administration of South Korea. The Korea Independent Commission Against Corruption (KICAC) was established on 25 January 2002, under the Anti-Corruption Act of ...
The 2016 South Korean political scandal, often called Park Geun-hye–Choi Soon-sil Gate in South Korea (Korean: 박근혜·최순실 게이트), was a scandal that emerged around October 2016 in relation to the unusual access that Choi Soon-sil, the daughter of shaman -esque cult leader Choi Tae-min, had to President Park Geun-hye of South ...
A South Korean judge on Wednesday denied an arrest warrant for the country’s opposition leader on broad corruption allegations, saying there wasn't a clear risk that he would destroy evidence.
Lee Joon, 10.5 years in prison (later reduced to 7.5 years) Lee Han-sang, 7 years in prison. On June 29, 1995, the Sampoong Department Store (Korean: 삼풍백화점; Hanja: 三豐百貨店) in Seoul, South Korea, collapsed due to a structural failure. The collapse killed 502 people and injured 937, making it the largest peacetime disaster in ...
A wave of anti-government protests swept South Korea throughout October 2019, when millions of demonstrators marched in downtown Seoul in street protests and 2-week long movement against the corruption scandals involving president Moon Jae-in and former justice minister Cho-Kuk. After a long period of unprecedented demonstrations, the minister ...
The Corruption Perceptions Index (CPI) is an index that scores and ranks countries by their perceived levels of public sector [1] corruption, as assessed by experts and business executives. [2] The CPI generally defines corruption as an "abuse of entrusted power for private gain".
Amongst other stimuli, the crisis resulted in the bankruptcy of major Korean companies, provoking not only corporations, but also government officials towards corruption. The Hanbo scandal of early 1997 exposed South Korea's economic weaknesses and corruption problems to the international financial community.