{"id":2202093,"date":"2023-08-29T08:00:58","date_gmt":"2023-08-28T23:00:58","guid":{"rendered":"https:\/\/koreapro.org\/?p=2202093"},"modified":"2023-11-20T16:26:28","modified_gmt":"2023-11-20T07:26:28","slug":"investigation-into-solar-power-corruption-as-yoon-targets-moons-energy-policy","status":"publish","type":"post","link":"https:\/\/koreapro.org\/2023\/08\/investigation-into-solar-power-corruption-as-yoon-targets-moons-energy-policy\/","title":{"rendered":"Investigation into solar power corruption as Yoon targets Moon\u2019s energy policy"},"content":{"rendered":"
The Jeonju Prosecutor\u2019s Office <\/span>announced<\/span><\/a> the indictment of a former chairman of Jeongeup City Council in North Jeolla Province and a 68-year-old solar power business operator in a high-profile corruption case. Investigators claim the two unnamed individuals inflated construction costs related to a solar power generation project and accepted bribes from contractors, leading to a misappropriation of about $1.3 million (1.7 billion won) from financial institutions between Oct. 2018 and Jan. 2021.<\/span><\/p>\n Prosecutors also allege that the business operator gave the former chairman approximately\u00a0<\/span>$65,000 (86 million won) in bribes from July to Sept. 2020 related to solar power plant installation, operation and permits. Six other accomplices were indicted without detention.<\/span><\/p>\n Why It Matters<\/b><\/p>\n The Jeonju Prosecutor\u2019s Office indictment of a former Jeongeup City Council chairman and a solar power business operator sheds light on deeper tensions in the South Korean political landscape. This action is just one facet of President Yoon Suk-yeol\u2019s broader inquiry into alleged corrupt solar energy endeavors undertaken during the tenure of his predecessor, Moon Jae-in. As early as Sept. 2022, Yoon had <\/span>expressed<\/span><\/a> that irregularities in solar power projects were \u201cdeplorable\u201d since \u201ctaxes were used [to support] a cartel of private interests.\u201d<\/span><\/p>\n While framed as an effort to maintain transparency and integrity in governance, these investigations can also be interpreted as partisan pushback against Moon\u2019s legacy. Renewable energy, particularly solar power, was a <\/span>cornerstone<\/span><\/a> of Moon\u2019s policy agenda, aimed at transitioning South Korea toward renewable energy sources. The current scrutiny, highlighted by instances like the alleged misconduct in selecting preferred bidders for government-funded projects, threatens to cast a shadow over these initiatives. As the Yoon administration seeks to <\/span>undo<\/span><\/a> much of Moon\u2019s energy policy, the fallout from these investigations will significantly impact South Korea\u2019s political and energy sectors.<\/span><\/p>\n