The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
  • Hangzhou Asian Games
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
  • Hangzhou Asian Games
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    Korea's Coast Guard apprehends 22 Chinese after illegal entry attempt

  • 3

    Ruling party vows to investigate China's alleged influence operations

  • 5

    TREASURE takes flak for excluding Dokdo from its Japan tour map

  • 7

    SEVENTEEN's unique approach to artistry: A deep dive into self-production and collaboration

  • 9

    Koreans' happiness rising slowly but surely: presidential panel

  • 11

    Pilot dead after civilian helicopter crashes into reservoir in Pocheon

  • 13

    BTS' Jungkook to release first solo album 'Golden'

  • 15

    Dream-pop band Nice Legs revisits Korea for Block Party

  • 17

    Dong-A Socio Group’s honorary chairman passes away at 96

  • 19

    Hyundai, Kia to extend earnings rally on strengthening dollar, solid sales

  • 2

    Public transit fares to increase in Seoul and Busan this week

  • 4

    Genesis GV80 Coupe looks to compete with Mercedes-Benz, BMW

  • 6

    Korean steelmakers on alert over initiation of EU carbon border tariff

  • 8

    Block Party returns to Yongsan for 2nd year

  • 10

    Korea wins gold medal in men's team Go

  • 12

    Korea crashes out of medal contention in men's basketball

  • 14

    Korean shipbuilders seek lead over Chinese rivals in selling LNG carriers to Qatar

  • 16

    30 out of 74 major financial companies lack female board member

  • 18

    Traffic on major expressways eases on final day of holiday

  • 20

    Lawmakers want chairmen of financial firms held accountable over misconduct

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
Thu, October 5, 2023 | 10:59
Policies
KOFIA chairman in hot seat for 'verbally abusing' workers
Posted : 2019-10-20 20:32
Updated : 2019-10-20 20:32
Jhoo Dong-chan
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link
Korea Financial Investment Association Chairman Kwon Yong-won / Courtesy of Korea Financial Investment Association
Korea Financial Investment Association Chairman Kwon Yong-won / Courtesy of Korea Financial Investment Association
By Jhoo Dong-chan

Korea Financial Investment Association (KOFIA) Chairman Kwon Yong-won is facing growing criticism for allegedly verbally abusing his driver and other company workers, according to the KOFIA union, Sunday

This isn't the first time for Kwon to face a public outcry. He also ran into heavy flak last year for allegedly using a business trip to the U.S. in November for a vacation.

According to the driver, he has been verbally abused by Kwon since the chairman took office in February 2018.

"You'd better be prepared for tonight. We are going to party until 3:00 a.m. tonight," Kwon said in a tape recording released by the driver. The driver immediately complained, saying the day was his child's birthday.

"This is the reason why you always fail to get credit here, you're dumb," Kwon responded.

Local media outlets said Kwon also sexually objectified women; and allegedly told KOFIA workers they "must know how to beat reporters to death if necessary."

A KOFIA official said Kwon had just come back from a business trip to Argentina, Sunday, and would soon release a statement.

Unionized workers of KOFIA also claimed Kwon's habitual verbal abuse has been one of the lobby group's major issues since he took office.

The November five-day business trip to the U.S. with domestic brokerage CEOs was originally arranged to allow them to visit several global e-commerce and IT firms in Silicon Valley; but they only went to five firms.

The entire tour was financed by the lobby group's member firms, and Kwon reportedly did not submit any report about it.

KOFIA said Kwon was supposed to get an understanding of the latest global trends while arranging potential deals between financial and IT firms.

However, not a single one has been concluded between the tour participants and the companies there to date.


Emailjhoo@koreatimes.co.kr Article ListMore articles by this reporter
 
wooribank
LG
Top 10 Stories
1POSCO Future M, LG Chem, EcoPro BM hit by plunging lithium, nickel prices POSCO Future M, LG Chem, EcoPro BM hit by plunging lithium, nickel prices
2Gangnam gears up for festival showcasing various K-culture events Gangnam gears up for festival showcasing various K-culture events
3North Korea lays groundwork for US disarmament talks: experts North Korea lays groundwork for US disarmament talks: experts
4Seoul's parks abuzz with fall festivals Seoul's parks abuzz with fall festivals
5South Korea to found cyberwarfare reserve forces in 2025 South Korea to found cyberwarfare reserve forces in 2025
6Samsung targets mid-range market with affordable S23 FE Samsung targets mid-range market with affordable S23 FE
7Bank of Korea takes first step to adopt centralized digital currency Bank of Korea takes first step to adopt centralized digital currency
8Task force planned to prevent opinion-rigging on Daum portal Task force planned to prevent opinion-rigging on Daum portal
9Seoul to invest W5 tril. to become fintech powerhouse Seoul to invest W5 tril. to become fintech powerhouse
10Business tycoons head overseas to support Busan's Expo bid Business tycoons head overseas to support Busan's Expo bid
Top 5 Entertainment News
1Crime thriller, romance series set to roll out in October Crime thriller, romance series set to roll out in October
2Korean literature featured as animation works at Incheon Airport Korean literature featured as animation works at Incheon Airport
328th BIFF opens with star-studded red carpet event 28th BIFF opens with star-studded red carpet event
4[PHOTOS] Kep1er returns with 'Magic Hour' to mesmerize fans PHOTOSKep1er returns with 'Magic Hour' to mesmerize fans
5TREASURE takes flak for excluding Dokdo from its Japan tour map TREASURE takes flak for excluding Dokdo from its Japan tour map
DARKROOM
  • Turkey-Syria earthquake

    Turkey-Syria earthquake

  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group