Ulsan Public Officials Found “No Legal Violations” in Special Audit ... Special Audit Conducted on Seoul City Officials Embezzlement Case

Ulsan City Hall.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] It has been revealed that there were no legal violations in the 'special audit' of Ulsan city officials.

Ulsan City conducted a special audit for 18 days from February 11 to 28 to find similar cases related to the 'Seoul City official embezzlement case.'

This special audit targeted two public institutions: Ulsan City and Ulsan Technopark, and Ulsan Information Industry Promotion Agency.

The main focus of the audit was on the legality of fund management, whether there were any illegal uses of accounts under the institution's name, and whether the budgets for large-scale public institution projects (over 1 billion KRW) were properly executed.

As a result of the audit, it was confirmed that Ulsan City's funds are being properly managed according to relevant regulations, and there were no illegal transaction records in accounts issued under the names of institutions and departments.

Regarding the large-scale project budgets of public institutions, it was also confirmed that legal safeguards are in place, such as inspections by professional accounting firms after project expenses are executed, ensuring lawful operation.

An official from Ulsan City stated, "Through this special audit, all unused accounts under institution names were reorganized to fundamentally block the possibility of illegal use of public accounts, and it served as an opportunity to raise awareness about accounting work processing."

Ulsan City has prepared measures to strengthen the monitoring functions of accounting tasks such as funds and has been implementing them since February.

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