Anti-Corruption Commission: "Yoo Si-chun, EBS Chairman, Violated Kim Young-ran Act and Misused Operating Expenses"

"Over 200 Cases of Improper Use of Business Promotion Expenses, EBS Faces Potential Losses"... Referred to Prosecution and Korea Communications Commission

Yoo Si-chun, chairman of the Korea Educational Broadcasting System (EBS), was found to have misused business promotion expenses according to an investigation by the Anti-Corruption and Civil Rights Commission (ACRC).

Jung Seung-yoon, vice chairman and secretary general of the ACRC, announced at a briefing at the Government Complex Sejong on the 4th, "As a result of investigating the reported case of Yoo's suspected violation of the Improper Solicitation and Graft Act, we confirmed facts that suggest violations."

[Image source=Yonhap News]

The details include exceeding meal entertainment expenses and diverting business promotion expenses for living costs. Vice Chairman Jung stated, "We identified about 50 cases of potential violations such as meal entertainments exceeding the 30,000 KRW limit set by the Improper Solicitation and Graft Act. There were approximately 200 cases where business promotion expenses were improperly used at places like butcher shops, department stores, and side dish stores, violating related laws and internal regulations, causing potential financial damage to the public institution EBS, amounting to about 17 million KRW."

The ACRC has forwarded the related information to the Supreme Prosecutors' Office and the Korea Communications Commission for investigation and administrative action.

Previously, allegations of Yoo's violations of the Improper Solicitation and Graft Act were raised, and a civic group reported Yoo to the ACRC in November last year. Yoo Si-chun is the elder sister of Yoo Si-min, former chairman of the People’s Livelihoods Foundation and former member of the Roh Moo-hyun Foundation.

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