Ministry of Patriots and Veterans Affairs. Photo by Hyunmin Kim kimhyun81@

Ministry of Patriots and Veterans Affairs. Photo by Hyunmin Kim kimhyun81@

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[Asia Economy Yang Nak-gyu, Military Specialist Reporter] Although the Ministry of Patriots and Veterans Affairs has decided to strengthen the management and supervision of veterans' organizations, doubts are being raised about the feasibility of this measure. Veterans' organizations have been conducting indiscriminate profit-making businesses for over 10 years, but the government’s countermeasures have proven to be ineffective.


On the 1st, the Ministry of Patriots and Veterans Affairs announced that four laws related to profit-making businesses of veterans' organizations, including the "Act on the Establishment of Organizations for National Merit Recipients," were deliberated and approved at the Cabinet meeting.


The Ministry expects that through this legal amendment, the management and supervision system for profit-making businesses of veterans' organizations will be completely revamped, allowing these businesses to operate more transparently and soundly. The amendment will be promulgated in June and will take effect six months after promulgation, starting in December.


However, veterans' organizations have continuously engaged in illegal activities such as lending their names or operating businesses without approval. In particular, even after being designated as disqualified bidders, they have participated in bids again. Being designated as a disqualified bidder means being barred from participating in government bids for a certain period.



Veterans' organizations have also been uncooperative in refunding unfair profits. In response, the Defense Acquisition Program Administration signed a "Special Agreement for Deferred Performance" with veterans' organizations to recover national funds. This means that in exchange for maintaining military supply contracts, the payment for goods would be refunded to the national treasury. However, from the veterans' organizations’ perspective, this effectively guarantees military supply contracts for a certain period, leading to criticism that it ultimately grants them benefits.


This content was produced with the assistance of AI translation services.

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