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
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 President
  • 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
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
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 President
  • 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
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

    Actor Yoo Ah-in appears for questioning over alleged drug use

  • 3

    ANALYSISTesla, BYD's price cuts unnerve LGES, Samsung, SK

  • 5

    Yoo Ah-in appears before police over alleged use of illegal drugs

  • 7

    One of two Kazakhstanis who fled Incheon Int'l Airport nabbed

  • 9

    Dreams come true: TXT mesmerizes 21,000 fans at KSPO Dome

  • 11

    Revised Japanese textbooks distort wartime forced labor, catching Korea off guard

  • 13

    Clock ticks for China's massive repatriation of N. Korean defectors

  • 15

    Families of foreign construction workers can receive retirement pay: court

  • 17

    N. Korea fires 2 SRBMs toward East Sea; US aircraft carrier due in S. Korea for joint training

  • 19

    Nongshim plans to build plant in eastern US region

  • 2

    SK chief's estranged wife sues his new partner for compensation

  • 4

    4 young Nigerian siblings killed in house fire in Ansan

  • 6

    US aircraft carrier to visit Busan amid NK provocations

  • 8

    Will April releases revive Korean cinema? Films to look out for in April

  • 10

    Chun Doo-hwan's grandson apprehended at Incheon Int'l Airport over drug use

  • 12

    Korean crypto investors want Do Kwon punished in US

  • 14

    TEMPLE ADVENTURESHaedong Yonggung Temple prospers on Busan's coast

  • 16

    Gimpo-China flights recover to pre-pandemic levels

  • 18

    Local bank stocks hit by shockwaves from SVB, CS collapses

  • 20

    Right-wing Japanese support Seoul-Tokyo ties: Korean envoy to Japan

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
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
Wed, March 29, 2023 | 16:44
Editorial
Political neutrality over audit
Posted : 2020-06-08 17:13
Updated : 2020-06-08 18:33
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link
BAI criticized for delay in reactor inspection

The powerful state audit and inspection agency has invited criticism for delaying the announcement of its findings following an inspection into a government decision to close a nuclear reactor. This led to the agency's chief apologizing for the delay Friday, saying he would conclude the inspection and reveal the results soon.

Yet it is still unclear when the Board of Audit and Inspection (BAI) will come up with a report on whether the decision was made in a legitimate and appropriate way. Controversy erupted in June 2018 when the Korea Hydro & Nuclear Power Co. (KHNP) decided to shut down the Wolsong-1 reactor in Gyeongju, 370 kilometers southeast of Seoul.

Energy experts questioned the decision because it was made after the reactor's 30-year operational license was renewed in 2012 after undergoing repair work costing 700 billion won ($581 million) between 2009 and 2011. The renewed license was set to expire in 2022. Despite this, the KHNP decided abruptly to close the reactor earlier than the expiration date.

At the center of the controversy is the KHNP's report that the Wolsong-1 was not economically viable. The reactor operator has faced allegations that it manipulated figures related to profits in a bid to support the Moon Jae-in administration's policy of phasing out nuclear power plants. Actually, the KHNP is suspected of recklessly deflating the anticipated profit from 370 billion won to 22.4 billion won.

As the shutdown decision drew a public backlash, the ruling and opposition parties passed a bipartisan bill in September 2019 to request the BAI to investigate whether the KHNP estimated the reactor's economic value properly. Thus, the BAI should have wrapped up its inspection of the KHNP and released its results within a maximum five months which ended on Feb. 29 this year.

But the BAI ignored the legally binding deadline. Then it tried to finalize its inspection report just before the April 15 general election. But its decision-making audit committee refused to adopt the report, prompting speculation that the panel turned down the draft report because it allegedly concluded that the Wolsong-1 reactor was economically viable. If the speculation is true, the BAI cannot deflect criticism that it intentionally delayed making a report public in order to create a favorable environment for the ruling Democratic Party of Korea ahead of the election.

The BAI is a state inspection agency which should keep political neutrality and independence. If it loses these characteristics, it has no reason to exist. That is why it has lost the public's trust and confidence. If it wants to restore its integrity and credibility, the BAI should not curry favor with political power.

More importantly, the Moon administration should refrain from taming the BAI in an ill-conceived bid to push for a nuclear phase-out. The government has already been blamed for destroying the nation's nuclear energy industry with its policy of retiring 11 out of 24 nuclear reactors by 2030. It had better reverse its unrealistic energy policy and stop pressuring the state-run reactor operator and the BAI to follow its policy unilaterally.




 
Top 10 Stories
1Revised Japanese textbooks distort wartime forced labor, catching Korea off guardRevised Japanese textbooks distort wartime forced labor, catching Korea off guard
2Clock ticks for China's massive repatriation of N. Korean defectors Clock ticks for China's massive repatriation of N. Korean defectors
3Gold price nears all-time high amid financial jitters Gold price nears all-time high amid financial jitters
4Ramsar wetland in Han River cleaned up for protected birdlife Ramsar wetland in Han River cleaned up for protected birdlife
5BMW launches new XM BMW launches new XM
6Civic groups in Gwangju await meeting with Chun Doo-hwan's grandson Civic groups in Gwangju await meeting with Chun Doo-hwan's grandson
7CJ CheilJedang sees chicken as next big seller after frozen dumplingCJ CheilJedang sees chicken as next big seller after frozen dumpling
8North Korea unveils tactical nuclear warheads North Korea unveils tactical nuclear warheads
92024 budget to focus on tackling low birthrate 2024 budget to focus on tackling low birthrate
10Over 1,000 financially vulnerable Koreans apply for new emergency gov't loans Over 1,000 financially vulnerable Koreans apply for new emergency gov't loans
Top 5 Entertainment News
1Will April releases revive Korean cinema? Films to look out for in April Will April releases revive Korean cinema? Films to look out for in April
2Dreams come true: TXT mesmerizes 21,000 fans at KSPO Dome Dreams come true: TXT mesmerizes 21,000 fans at KSPO Dome
3'My ID is Gangnam Beauty' to be adapted into live action series in Thailand 'My ID is Gangnam Beauty' to be adapted into live action series in Thailand
4[INTERVIEW] Choi Min-sik, Lee Dong-hwi on creating Korean-style noir with 'Big Bet' INTERVIEWChoi Min-sik, Lee Dong-hwi on creating Korean-style noir with 'Big Bet'
5Ra Mi-ran, Lee Re to lead fantasy drama 'The Mysterious Candy Store' Ra Mi-ran, Lee Re to lead fantasy drama 'The Mysterious Candy Store'
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