"When Held Responsible for the Explosion at the Inter-Korean Liaison Office"… Representative Hong Moon-pyo Proposes Damage Compensation Claim Bill
[Asia Economy Reporter Lee Ji-eun] Hong Moon-pyo, a member of the Future United Party, announced on the 22nd that he has proposed a partial amendment to the State Property Act, which focuses on claiming damages from North Korea for the destruction of the Inter-Korean Joint Liaison Office.
The amendment aims to add Article 79, Paragraph 3, which holds responsible for damages and destruction caused intentionally to state property both overseas and domestically, ensuring appropriate compensation for damage to state property. The newly established provision will be applied retroactively from the 1st of this month, just before the destruction of the Inter-Korean Joint Liaison Office.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
Representative Hong said, "Under the current State Property Act, the Inter-Korean Joint Liaison Office is clearly registered as a government asset with construction costs of 17.4 billion won, a definite asset of the Republic of Korea, yet there is no legal provision to claim damages under the State Property Act for North Korea's unilateral destructive act." He added, "I proposed the amendment to sound an alarm against humiliating inter-Korean relations and to clearly hold accountable for damages caused by the destruction of the liaison office built with the blood and sweat of our people."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.