POSCO Chairman Faces Mounting Calls to Appear as Audit Witness
Calls are growing in the National Assembly for POSCO Holdings Chairman Chang In-hwa to appear as a witness at parliamentary audit hearings, as lawmakers seek to examine recurring industrial accidents at POSCO Group affiliates and a range of ongoing disputes. Following the Legislation and Judiciary C
Parliamentary committees in South Korea are mounting pressure on POSCO Holdings Chairman Chang In-hwa to testify before audit hearings, amid growing concern over industrial accidents and disputes within the POSCO Group. The requests for Chang's appearance come from the National Assembly’s Land, Infrastructure and Transport Committee, Climate, Energy, Environment and Labor Committee, and Legislation and Judiciary Committee, all of which have submitted formal requests for his testimony.
These hearings aim to investigate the recurring industrial accidents at POSCO affiliates and other ongoing disputes, with a particular focus on the Incheon Songdo International Business District development project, which is led by POSCO E&C, a 29.9% stakeholder in NSIC, the development entity for Songdo.
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