Daily Union (Monthly, Korea News Newspaper) Ryu seungwoo Journalist | The FTC (Chairman Han Ki-jung) announced that it plans to file a complaint with the prosecution against "Resis," which sold products that combine accumulated travel products and home appliances, for unregistered business activities and false or exaggerated advertisements. This is the first sanction since the prepaid installment transaction law was revised. According to the FTC, Resis received membership fees of about 60,000 to 90,000 won per month and sold travel products such as resort special accommodation tickets availabl
Daily Union (Monthly, Korea News Newspaper) Ryu seungwoo Journalist | Recently, controversy over unfair loans by former Woori Financial Group Chairman Sohn Tae-seung has spread to all affiliates, and internal control issues of Woori Financial Group, including Woori Bank, have been on the cutting board. The FSS said the amount of unfair loans totaled 36.7 billion won, including Woori Bank, and said it would conduct a thorough on-site inspection of all affiliates of Woori Financial Group. Experts said the situation showed a lack of systematic internal control throughout Woori Financial Group, an
Daily Union (Monthly, Korea News Newspaper) Ryu seungwoo Journalist | Daewoo E&C, a general construction company Another death occurred at the construction site. On the 27th, according to the Ministry of Employment and Labor, a worker died after being hit by an excavator at an apartment construction site in Seo-gu, Incheon. The accident killed four workers at Daewoo E&C's construction site alone this year. As deaths continue, some point out that Daewoo E&C's fundamental safety management system should be reformed. Daewoo E&C recorded the most deaths in the construction industry
Daily Union (Monthly, Korea News Newspaper) Ryu seungwoo Journalist | CJ Freshway [051500, CEO Lee Kun-il] was fined 24.5 billion won by the Fair Trade Commission for infiltrating alley areas under the guise of co-prosperity with small and medium-sized business owners. This is a strict sanction on attempts by large companies to systematically exclude small and medium-sized business owners and dominate the market in the domestic food distribution market, and it is for unfair support activities related to the largest manpower support ever. CJ Freshway is Korea's No. 1 food material distribution
Daily Union (Monthly, Korea News Newspaper) Ryu seungwoo Journalist | At around 12 o'clock on the 19th, an outsourcing company employee, A in his 60s, was electrocuted by a facility with high-voltage power in the distribution room of Kumho Tire's Gwangju plant in Sochon-dong, Gwangsan-gu, Gwangju. It is reported that four deaths have occurred in succession at Kumho Tire's domestic and foreign operations in the past five months. A was taken to a nearby hospital by paramedics, but died. Mr. A, who was working with a number of colleagues, reportedly received safety training before being put into
Daily Union (Monthly, Korea News Newspaper) Ryu seungwoo Journalist | Sampyo Group has been sanctioned by the Fair Trade Commission twice this year for violating fair trade, seriously hurting ESG management reliability. In May and August, Sampyo Industrial and Sampyo Railways were caught for unfair support and abuse of market-dominant status, respectively, The FTC pointed out that these actions undermined fair competition and negatively affected public safety. Some have criticized that Sampyo Group's ESG management is "ESG washing." It is pointed out that the recent announcement by Sampyo Grou
Daily Union (Monthly, Korea News Newspaper) Ryu seungwoo Journalist | The Ministry of Employment and Labor said a subcontractor in his 20s was electrocuted at POSCO E&C's new apartment construction site in Gangdong-gu, Seoul. The Ministry of Employment and Labor is investigating whether it violates the Serious Accident Punishment Act, This is recorded as the first death accident since Jeon Joong-sun took office. POSCO E&C had suffered a big blow to its management leadership due to the serious disaster problem even when it was former CEO Han Sung-hee. When Han Sung-hee was the former CE