Board of Audit and Inspection: "Gas Corporation Employee Responsible for Compensation Due to Improper Handling of Purchase Contract"

On the 1st, the Board of Audit and Inspection announced that employees of Korea Gas Corporation (KOGAS) were responsible for causing approximately 87 million KRW in damages to the corporation due to improper handling of their duties.

According to the report released on the same day titled "Korea Gas Corporation Advance Payment Loss and Damage Written Audit," employees A and B from a regional headquarters of KOGAS signed a contract worth 984.28 million KRW in April 2020 with a company for the purchase of a security control system for an unmanned management office under the jurisdiction of the regional headquarters, and paid an advance of 780.6 million KRW.

When the company requested an extension of the delivery deadline in September of that year due to the impact of COVID-19, A and B accepted the request. However, during this process, the Board of Audit and Inspection pointed out that they failed to obtain the necessary advance payment guarantee and improperly handled the settlement of the advance payment.

To date, an unsettled balance of 87.47 million KRW from the advance payments made by KOGAS has not been recovered, resulting in a loss. The Board of Audit and Inspection ordered A and B, who were the deputy general manager and general manager of the contract department respectively, to compensate approximately 26 million KRW and 17 million KRW each.

[Image source=Yonhap News]

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