I Became Park Jeong-ui’s Nephew - Chapter 345
Only Krnovel
He became Park Jeong-ui’s nephew. – (345)
“Okay, let’s start the meeting now.”
This is the headquarters of Daehan Transportation.
The board continued its marathon meeting.
Who is responsible for technology leaks? Before blaming the person who leaked the technology, the primary responsibility for managing corporate risks lies with the management.
If that’s the case, then companies should give their executives the same rights.
The audit committee and internal control system are mobilized in this process.
Internal control systems serve to prevent the occurrence of events that could have a negative impact on the company, and the Korean Transport Regulations include this.
⁕ The internal control system is managed by the audit committee, which must identify events that pose risks to the company and report the possibility of such events to management.
⁕ Risk management procedures must be carried out continuously, and the audit committee has the appropriate work capacity and authority for this. The contents of the major risks evaluated by the Board of Audit and Inspection are shared by the entire board of directors, and the responsibility and authority for risk management are assigned to the board of directors and the audit committee under its control so that all key risk factors are under the supervision of the board of directors.
At first glance, it sounds like management wants to supervise and control all information in the company.
But isn’t that obvious?
If the audit committee is activated only during a certain period, it is possible for those involved to avoid that period and leak technology or commit various types of corruption.
The surveillance network must be activated at all times to be meaningful.
This is something that has been acknowledged even in Canada, where democracy is firmly established.
Canada appointed its first independent auditor-general in 1878; previously, the audit was conducted non-independently by the Under-Secretary of the Treasury.
So has Canada been properly audited since then?
Surprisingly, the first proper audit was conducted in the 1950s, 70 years after the Board of Audit and Inspection became independent.
[Canada’s total fiscal spending as a percentage of GDP is 24%, only half the OECD average]
[A mere 0.1% distortion in fiscal spending can have a negative impact on national productivity of up to 1.2%]
This content shocked Canadian public opinion at the time.
With government spending at just 24% of GDP, this means that while other countries are investing steadily in national development, Canada is sitting idle.
So was Canada really just playing around?
To be exact, the problem is the people who have been running the country like a mess.
Just 0.1% of fiscal spending distortion can take away 1% of national production, yet our fiscal spending is 24% behind that of other countries?
How recklessly have we managed our finances and neglected our money?
Literally the whole country is X,
This incident prompted Canada to crack down on non-productive spending.
[The government paid $20 billion to businesses and employers to stabilize the economy, but $4 billion of that went to unproductive sectors. Further investigation is needed. – Auditor General of Canada report]
The Canadian Audit Office, which literally goes to the ends of hell to find the source of funds,
If a business truly employs workers stably, it is right to provide government subsidies, but aren’t there cases where that isn’t the case?
And to find out this, we have no choice but to collect the bank transaction history of the relevant business or employee – personal information.
So, is this activity a civilian surveillance?
Anyone can see that this is just a legitimate activity of the Board of Audit and Inspection to prevent unproductive budget execution, and if you criticize this as civilian surveillance, the Board of Audit and Inspection has nothing to do.
The Board of Audit and Inspection should have the authority to detect corruption at all times and should naturally enjoy that authority.
Since you gave them the authority, you can hold them accountable if a problem arises later. Daehan Transportation also strictly applies that principle.
In order to prevent technology leaks, the Board of Audit and Inspection operates on a regular basis, and the Board of Audit and Inspection can supervise internal company information to ensure that not even 1% of funds are wasted in execution.
This is the secret behind why Daehan Transportation has not had a single case of embezzlement or technology leak in the past 50 years.
Did someone steal the technology?
If the Board of Audit and Inspection reports, the Central Intelligence Agency will be dispatched, chase them to the ends of hell, and arrest the people involved, or if necessary, execute them immediately.
The Central Intelligence Agency has a whopping 120,000 personnel and its surveillance network is spread everywhere, so it’s best to give up the idea of being able to escape.
But there are always reckless brave men everywhere,
Executive Director Park Jae-ok voted in favor of the agenda to punish those involved in technology leaks and ordered swift action.
“I feel like the company’s surveillance network has become too lax these days. Please submit the audit committee’s activity report by tomorrow. If even one of the contents is missing… You understand, right?”
“Ah… Okay, I understand.”
Director Park Jae-ok did not stop there and checked the audit committee’s activity report.
The technology leak incident occurred because the audit committee failed to do its job.
All relevant data was handed over to the Central Intelligence Agency.
***
“Where did you take this?”
“That… that… .”
“I’ve already decided what you’re going to say. Don’t you know that the Japanese government is also very nervous right now? It would be easy to kill you, but I’ll have to use you as a card to pressure the bastards before that. Tell me everything you know, you punk Lee Wan-yong.”
“I’ll tell you everything. Please, just spare my life.”
This is Gyeongseong,
The man who was taken to the Central Intelligence Agency’s interrogation room revealed all the details.
Why did the guy who was part of the audit committee of the Korea Transport Institute leak the technology to Japan? He was so full that he burst. As soon as the Central Intelligence Agency received the report, they went to the scene and arrested all the people involved.
This incident has made Japan very nervous,
This is tantamount to declaring war on Korea, as they attempted to leak information from a company whose chairman is a Korean leader, not from another company.
The Japanese government attempted to cut off the tail early on, arresting all the businesspeople who leaked the technology.
If necessary, it is also possible to send it to Korea.
A total of 78 people will stand trial in Korea after the Korean government requested their extradition.
The sentences ranged from the death penalty to 15 years in prison, and Korean engineers in particular were criticized by public opinion.
Even if the Japanese are like that, the engineers at Daehan Transportation did something like that. Didn’t those guys steal the information and leak it?
There is always a enemy inside,
This proves why internal controls are necessary.
This incident led the Korean government to further strengthen internal control.
It strictly prohibited technicians working in related occupations from changing jobs.
“There is a thin line between job change and technology leak. From now on, Korean engineers will not be able to get jobs overseas. If they are found to have gotten jobs overseas, they will be immediately deported and subject to criminal punishment.”
This is a law that the United States has already implemented.
How much damage has the US suffered because of the technicians who went over to Korea?
Everyone is shouting ‘We are the world’ with the establishment of a world government, but each government is building more and more barriers to prevent technology leaks.
The US is now taking the position that it will no longer allow its talent to be stolen by Korea, and naturally, Korea is responding by building a wall.
But why do technical talent exodus incidents continue to occur in both countries?
That’s because the world needs them.
“I admit that the salaries for technical positions are high. However, I don’t think they are high enough compared to my abilities.”
Technicians know that they are irreplaceable.
So, even though you know that you are being treated well, if you are not satisfied, and if that self-esteem is only driven by money, then it is just because you are shallow by nature.
The problem is that even if the country treats technicians well and gives them the value they deserve, their greed has no limits.
This is also the fundamental cause of repeated technology leaks in the United States.
So, in Korea, if a technician betrays you, they will chase you to the ends of the earth and kill you, but if you say yes, they will just keep crawling up.
[Engineers are considered highly paid in the United States. According to the U.S. Census Bureau, engineers earn about $30,000 more per capita than the U.S. GDP, but they are still dissatisfied.]
This is the reality in America, the average American income is $40,000, but even if you earn twice that, you’re not satisfied.
So how much more should I give?
Considering that the expected salary for tech workers in the US is only 67%, while in Korea it is 80%, Korea is not paying its tech workers little.
The problem is the perception of technical professionals that they are not being treated well.
Is it too harsh for Korea to punish the traitors who leaked technology?
Rather, it is ironic that American engineers want to come to Korea. The world knows how much the Korean leader has favored American engineers up until now.
When human experimentation was banned in the United States, the Korean leader even provided test subjects to scientists, and it is true that thanks to this, human science and technology advanced.
Then you will do your work with a sense of mission, but you got caught leaking technology?
They are people who have no sense of duty as technicians, and will just shake their butts and giggle if you wave money in front of them.
So, it is something that must die,
The Central Intelligence Agency further strengthened its control and surveillance of technicians.
***
“Your Majesty, here is this month’s report.”
“Did you come from a pharmaceutical company?”
“yes.”
This is Geumneung,
I swallowed the medicine the secretary had brought.
There are currently about 4,000 American pharmaceutical engineers residing in Korea, and the expected annual salary for engineers in the US is only 67%, while in Korea it is a whopping 80%.
If you were an engineer, which country would you want to work in?
In addition, while the US does not have a retirement pension, Korea has a retirement pension system, so there is no problem making a living even after retirement.
Those who abandoned this country and leaked technology to Japan deserve to die.
American engineers, who are well aware of this, are developing new technologies for Korea.
The new drugs that came out recently are one of them.
This year alone, 27 new drugs have been released.
This year, 56 drugs were approved by the World Pharmaceutical Association, and 27 of them are Korean products. This means that Korea controls half of the global medical market.
This is why countries around the world are going to great lengths to steal technology from Korea.
But I am the type of person who follows traitors to the end and kills them.
If you knew my temper, you wouldn’t dare run away, but I made sure to reward you for your achievements.
“Raise the salaries of pharmaceutical company technicians by 6%.”
“Your Majesty, isn’t that too high?”
“I just pay them a fair bonus. And that way, they won’t complain even if they’re tied up.”
The technicians know that they are under strict surveillance by the CIA.
They are under surveillance 365 days a year, and not only they but their families are also subject to surveillance.
You know what will happen to your family if you run away alone, so you steal them away first.
If that’s the case, I have no choice but to be lethal. The more the technicians struggle, the more the surveillance network becomes solid.
A fate that you can never escape once you set foot in Korea.
The abandoned technicians turned to the loyalist route.
If you can’t run away, you have no choice but to prove your worth by achieving results. Even the United States, where the treatment of engineers relative to GDP is lower than that of Korea, followed my policy.
After all, engineers are just people who work for the country.
They shattered the perception that they were at the top of the country.