Prosecution Indicts Baek Woon-gyu, Chae Hee-bong, and Jung Jae-hoon in 'Wolseong Nuclear Power Plant' Case

Former Minister of Trade, Industry and Energy Baek Woon-kyu Photo by Yonhap News

[Asia Economy Reporter Kim Daehyun] The prosecution has indicted former Minister of Trade, Industry and Energy Baek Woon-gyu, former Blue House Industrial Policy Secretary Chae Hee-bong (current President of Korea Gas Corporation), and Jung Jae-hoon, President of Korea Hydro & Nuclear Power (KHNP), in connection with allegations of manipulation of the economic feasibility evaluation of Wolseong Nuclear Power Plant Unit 1.

On the 30th, the Daejeon District Prosecutors' Office indicted former Minister Baek and former Secretary Chae without detention on charges of abuse of authority, obstruction of rights, and obstruction of business, while President Jung was indicted without detention on charges of violation of the Act on the Aggravated Punishment of Specific Economic Crimes (breach of trust) and obstruction of business.

Former Minister Baek is accused of improperly interfering in KHNP's economic feasibility evaluation prior to the closure of Wolseong Unit 1 and obstructing the legitimate business operations of KHNP, the operator of the Wolseong Nuclear Power Plant.

Former Secretary Chae is also accused of exerting undue influence beyond his authority over Ministry of Trade, Industry and Energy officials during KHNP's economic feasibility evaluation process.

President Jung is accused of manipulating the economic feasibility evaluation results of Wolseong Unit 1 under former Minister Baek's instructions, deceiving the board of directors with the manipulated evaluation results to immediately pass a resolution to suspend operations, causing approximately 148.1 billion won in damages to KHNP.

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