Yeo: "Corporate Burden Should Not Increase Due to National Audit... Minimize Business Witnesses"

Yoon Jae-ok, People Power Party Floor Leader, Emphasizes Principle of Witness Adoption at National Assembly Audit

On the 26th, the People Power Party publicly declared both domestically and internationally that it will refrain from adopting witnesses that burden companies in this year's National Assembly inspection. This is because unnecessary burdens should not be imposed as companies are already facing increased difficulties due to the global economic downturn.

Yoon Jae-ok, the floor leader of the People Power Party, stated at the party's strategy meeting that he would provide "three principles" regarding the adoption of witnesses for this year's National Assembly inspection: "to consider whether it is appropriate for the purpose of the inspection, to minimize the adoption of businessperson witnesses, and to avoid adopting witnesses that provoke unnecessary political strife." He also requested, "Please consult with the party leadership in advance regarding witness adoption."

Yoon Jae-ok, floor leader of the People Power Party, is speaking at the Supreme Council meeting held at the National Assembly on the 25th. Photo by Kim Hyun-min kimhyun81@

Floor Leader Yoon mentioned, "The National Assembly inspection is an important function of the National Assembly to monitor and criticize state affairs and to correct wrongdoings," adding, "It has a positive role in pointing out inappropriate acts by companies that disrupt market order through unfair competition, inducing voluntary improvement, and ensuring thorough supervision by administrative agencies."

However, he noted, "Every year during the inspection, there are criticisms that the National Assembly forces company heads or businesspersons to appear excessively, causing embarrassment and abusing the system," and said, "Currently, due to the global economic downturn, the business environment is difficult, and the National Assembly should not impose unnecessary burdens on companies that create jobs." He emphasized, "Regardless of party affiliation, excessive adoption of witnesses should be restrained," and urged, "Let us unite in ensuring that witness requests for companies during the inspection are made within a reasonable scope."

Regarding the Democratic Party's unilateral approval of witnesses in the Culture, Sports and Tourism Committee the previous day, Floor Leader Yoon urged, "I call on the Democratic Party to cancel such unilateral adoptions even now and to prevent such incidents from recurring in each standing committee."

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