Justice Network "Used National Subsidy Funds According to Project Purpose... Omitted Disclosure Due to Insufficiency"

The office of the Justice Memory Solidarity in Mapo-gu, Seoul, is firmly closed. [Image source=Yonhap News]

[Asia Economy Reporter Jeong Dong-hoon] Jeongui Gieok Yeondae (Justice Memory Solidarity), which is under suspicion of accounting fraud related to the operation of sponsorship funds and government subsidies, stated that the government subsidies were used appropriately for the intended projects and that the settlement of accounts was reported transparently.

On the 28th, Jeongui Gieok Yeondae said in an explanatory document, "We have apologized for errors in the National Tax Service disclosure," and added, "We are reviewing the settlement and disclosure with the help of experts for re-disclosure."

They continued, "Some media outlets have been continuously pouring out related suspicions as if Jeongui Gieok Yeondae intentionally committed accounting fraud," and stated that although there were disclosure errors due to shortcomings, there were no problems in project execution and settlement of accounts.

The organization expressed, "We hope that no more groundless suspicions regarding the use of government subsidies will be reported."

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