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South Korea's Nuclear Energy Corruption Scandal Widens in Scope
http://atomicpowerreview.blogspot.com/2013/07/south-koreas-nuclear-energy-corruption.html
Sunday, July 14, 2013
South Korea's Nuclear Energy Corruption Scandal Widens in Scope
News this past week out of South Korea concerning counterfeit parts used in nuclear plants, and/or faked QA (quality assurance) certificates for parts shows that the suspected reach of such practices, and likely associated corporate corruption including bribery, has broadened out considerably.
Here are the most recent developments with links to external sources;
<snip>
The South Korean President, Park Geun-hye, has been very public about her anger over the entire nuclear parts scandal, which up until this point had only been acknowledged to concern cable supplied by JS Cable. The struggle to determine just how to make certain that the nuclear regulatory organization in South Korea can control such things and itself remain free of corruption is making itself evident ... <snip>
... With Hyundai having been implicated in the most recent raids, one might wonder whether any UAE connection will have to be evaluated; ... the number of plants suspected to have non-compliant parts (or at least paperwork) has widened considerably to include 11 of South Korea's 23 reactor plants ...
<snip>
So, backing up from the details a bit, we can see that since at least mid-late June, the prosecutors have been finding evidence that greatly widens the scope of the scandal. Prior to this time, only control cabling from JS Cable was implicated, with no export implications and no serious implication of bribery. Now, a major industrial manufacturer which supplies pumps, transformers and EDG's has been implicated with raids and arrests made, which include bribery. The former president of KHNP has also been arrested in the same scandal.
<snip>
Sunday, July 14, 2013
South Korea's Nuclear Energy Corruption Scandal Widens in Scope
News this past week out of South Korea concerning counterfeit parts used in nuclear plants, and/or faked QA (quality assurance) certificates for parts shows that the suspected reach of such practices, and likely associated corporate corruption including bribery, has broadened out considerably.
Here are the most recent developments with links to external sources;
<snip>
The South Korean President, Park Geun-hye, has been very public about her anger over the entire nuclear parts scandal, which up until this point had only been acknowledged to concern cable supplied by JS Cable. The struggle to determine just how to make certain that the nuclear regulatory organization in South Korea can control such things and itself remain free of corruption is making itself evident ... <snip>
... With Hyundai having been implicated in the most recent raids, one might wonder whether any UAE connection will have to be evaluated; ... the number of plants suspected to have non-compliant parts (or at least paperwork) has widened considerably to include 11 of South Korea's 23 reactor plants ...
<snip>
So, backing up from the details a bit, we can see that since at least mid-late June, the prosecutors have been finding evidence that greatly widens the scope of the scandal. Prior to this time, only control cabling from JS Cable was implicated, with no export implications and no serious implication of bribery. Now, a major industrial manufacturer which supplies pumps, transformers and EDG's has been implicated with raids and arrests made, which include bribery. The former president of KHNP has also been arrested in the same scandal.
<snip>
