Yoo Byeong-ho, Secretary General of the Board of Audit and Inspection <사진=연합뉴스>
Yoo Byung-ho, Secretary General of the Board of Audit and Inspection, filed a lawsuit against the government’s decision to sell shares of a bio company owned by his spouse, but lost.
Today (12th), the 8th Administrative Division of the Seoul Administrative Court ruled that the plaintiff lost in the lawsuit filed by Secretary General Yoo against the Stock Trust Review Committee, asking “to cancel the decision to recognize job relevance.”
The court said, “Companies issuing stocks held by Secretary-General Yoo’s spouse are subject to selective accounting audit by the Board of Audit and Inspection, and in light of the scope of the Secretary-General’s work, it cannot be considered that there is no possibility of conflict of interest or unconstitutionality,” adding, “It is related to duties under the Public Official Ethics Act.” I decided that
He went on to say, “When private and public interests conflict, it is necessary to guide the operation of the national system rather than leaving the judgment to individual conscience,” adding that the Stock Trust Review Committee’s actions were not an abuse of discretion.
In September of last year, Secretary General Yoo reported the stocks held by himself, his spouse, and his children at the time of reporting the assets of high-ranking public officials and requested a review of job relevance to the Stock Trust Review Committee.
The Stock Trust Review Committee decided to sell bio stocks among these stocks as they may pose a conflict of interest, and Secretary General Yoo filed a lawsuit.
2023-09-12 08:04:00
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