San-eun Union: "Hasty Relocation to Busan is Illegal"... Injunction Filed to Suspend Transfer Orders

[Asia Economy Reporter Seongpil Cho] The Korea Development Bank (KDB) labor union announced on the 7th that it plans to file a provisional injunction at the Seoul Southern District Court on the 8th to suspend the effect of transfer orders, claiming that KDB Chairman Kang Seok-hoon is illegally pushing to relocate the head office to Busan and other southeastern regions by assigning dozens of head office employees to work there.

On the 17th, members of the Korea Development Bank labor union held a press conference in the lobby of the Korea Development Bank headquarters in Yeouido, Seoul, urging the president-designate and the government to express their stance on the relocation of the bank's headquarters to Busan. Photo by Kang Jin-hyung aymsdream@

The KDB labor union stated, "Chairman Kang Seok-hoon is committing illegal acts such as transferring head office departments to Busan and issuing transfer orders to 45 employees, violating the KDB Act provision that mandates the head office be located in Seoul Special City, despite no business necessity."

The union explained that along with the provisional injunction petition, they submitted a petition condemning the illegal acts signed by over 2,700 KDB employees and their families, as well as statements from 16 active National Assembly members and party leaders urging the suspension of the illegal transfer orders.

The union asserted, "Relocating the KDB head office requires legislative amendment by the National Assembly and must be preceded by sufficient social discussion and consensus. Chairman Kang is hastily and illegally pushing the Busan relocation without securing office space or employee accommodations."

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