Transition Team: "Unreasonable and Shameless 'Albakgi Personnel' at Daewoo Shipbuilding at End of Administration" (Update)

Request for Audit Office to Review Requirements for Abuse of Authority

Won Il-hee, Senior Deputy Spokesperson of the Presidential Transition Committee, is giving a briefing on current issues at the 20th Presidential Transition Committee in Tongui-dong, Jongno-gu, Seoul on the 31st. Photo by Kim Hyun-min kimhyun81@

[Asia Economy Reporter Jeong Dong-hoon] The Presidential Transition Committee (PTC) has labeled the appointment of the new CEO of Daewoo Shipbuilding & Marine Engineering (DSME) as a "last-minute entrenchment appointment" during the end of the administration, calling it unreasonable and absurd. The PTC stated that it will request the Board of Audit and Inspection to review whether this constitutes an abuse of power.

On the 31st, Won Il-hee, the senior deputy spokesperson of the PTC, said at a press briefing held at the PTC office in Tongui-dong, Jongno-gu, Seoul, "They forcibly appointed the university classmate of President Moon Jae-in's younger brother as the CEO of DSME, which is virtually a public enterprise," adding, "Although it is a formal procedure, it appears that the appointing authority lies elsewhere, making this an unreasonable and shameless act."

He continued, "This goes beyond common sense and precedent, showing clear signs of abuse of power by ignoring the Financial Services Commission's guidelines," and added, "We will ask the Board of Audit and Inspection to review whether this 'entrenchment appointment' at a failing public enterprise qualifies as abuse of power and should be subject to audit."

On the 28th, DSME appointed Park Du-seon as the CEO through its regular shareholders' meeting. The newly appointed CEO Park is a university classmate of Moon Jae-ik, the younger brother of President Moon, at Korea Maritime and Ocean University.

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