Umi Construction faces scrutiny after being fined 48.37 billion won ($36.5 million) and referred for prosecution by the Fair Trade Commission, yet continues to bid for major LH public projects, raising concerns over regulatory enforcement in South Korea’s construction sector.
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Umi Construction Faces Prosecution and Heavy Fines from Fair Trade Commission—Controversy Over Participation in LH Public Project

Umi Construction faces scrutiny after being fined 48.37 billion won ($36.5 million) and referred for prosecution by the Fair Trade Commission, yet continues to bid for major LH public projects, raising concerns over regulatory enforcement in South Korea’s construction sector.

Yonhap Infomax