KNOC Faces Board of Audit Probe Over 'Daewang Whale' Project Allegations
South Korea's government has requested a Board of Audit probe into Korea National Oil Corporation's 'Daewang Whale' gas project, focusing on ActGeo's selection and executive promotions amid controversy.
Democratic Party presidential candidate Lee Jae-myung proposes constitutional amendments including four-year presidential term with re-election and transfer of Board of Audit to National Assembly, aiming to strengthen presidential accountability and distribute power.
#YonhapInfomax #ConstitutionalAmendment #PresidentialTerm #BoardOfAudit #NationalAssembly #DemocraticParty #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=63704
Teachers' Pension Fund Ranks First in Board of Audit and Inspection's Self-Audit Evaluation - A Grade for Second Consecutive Year
Teachers' Pension Fund tops Board of Audit's self-audit evaluation, securing A grade for second year amid enhanced internal controls and audit capabilities
Japan's future payment obligations based on existing defense equipment procurement contracts doubled to ¥9.45 trillion over the four years through fiscal 2023, the Board of Audit of Japan said.
https://www.japantimes.co.jp/news/2024/11/07/japan/japan-defense-equipment-budget/ #japan #defense #shigeruishiba #budgets #boardofaudit #ldp #cybersecurityJapan's Maritime Self-Defense Force overpaid some ¥81 million to outsourcing companies tasked with charging submarine batteries, because the batteries were not fully charged as they should have been, people familiar with an investigation have said.
https://www.japantimes.co.jp/news/2024/10/08/japan/msdf-overpayment/ #japan #msdf #submarines #boardofaudit #defense
MSDF overpaid ¥81 million for submarine battery charging, sources say
Contract documents did not spell out the amount of power needed for a full charge, resulting in 15 cases in which batteries were not properly charged.
Yonhap Infomax News
The Japan Times