“Close Communication with Government Task Force…An Opportune Time for Reform”
,
,
,
 |
| Kim Byeong-gi, the Acting Representative and Floor Leader of the Democratic Party of Korea, is speaking at the highest-level committee meeting held at the National Assembly on the 1st. [Yonhap] |
,
,
, ‘Kim Byeong-gi, Acting Representative and Floor Leader of the Democratic Party of Korea, announced on the 1st that he will quickly amend the breach of trust crime, a representative economic punishment.’,
,
, ‘During the highest-level committee meeting held at the National Assembly in Yeouido, Seoul, Kim stated, “Economic punishment which penalizes illegal economic matters is actually a legacy of past military dictatorship regimes,” adding, “Most countries sanction such issues through civil compensation responsibility.” ‘,
,
, ‘Kim noted, “Business people express concern over breaches of trust itself but fear more the prosecution’s overuse of it,” emphasizing, “Although the courts limit the establishment of breach of trust charges on matters made through managerial decisions by boards, the prosecution has often pressed’ those charges excessively.”’,
,
, ‘He continued, “Recognizing these issues, the Ministry of Justice provided guidelines to the Supreme Prosecutor’s Office to prevent the abuse of investigations and indictments for breaches of trust,” and mentioned that “President Lee Jae-myung has ordered institutional improvements regarding the abusive issue that undermines corporate activities. The National Assembly has also recognized this as a serious issue and has built close cooperation with the government on it.” ‘,
,
, ‘Kim reiterated, “Now is the perfect time for reform, given the consensus on institutional improvement,” emphasizing that “The Democratic Party will quickly amend the breach of trust, which is a representative economic punishment excessively used by the prosecution as a tool to threaten business people.” He further stated, “Dividing the amendment into two phases, we will listen to diverse opinions to find the best solution and process it, while closely communicating with the government’s task force on economic punishment rationalization, continuing supplementary legislation if needed.”’,
,
, ‘Kim concluded, “We aim to achieve both economic punishment and economic justice by minimizing economic punishment and reinforcing civil responsibility,” and added, “We will certainly realize the Republic of Korea’s fair growth as promised by the President and the pragmatic market-oriented government.”’,
,
, ‘Reporters Yang Geun-hyuk and Han Sang-hyo’,
,
,