National Assembly audit awaits business leaders after Chuseok holiday

A large number of conglomerate leaders have been called to testify at the National Assembly audit again this year, after ruling Democratic Party of Korea (DPK) lawmakers refused to follow party leadership's recommendation to refrain from summoning businesspeople to the annual event. Despite the pressing need to brace for the Asia-Pacific Economic Cooperation (APEC) CEO Summit and U.S. tariffs, business leaders have been required to spend time on the first Assembly audit under the Lee Jae Myung administration. SK Group Chairman Chey Tae-won was put on the list of witnesses for the National Policy Committee's audit sessions over an allegation he unfairly financed a group affiliate. Also leading the Korea Chamber of Commerce and Industry that chairs the APEC CEO Summit, Chey was asked to appear at the National Assembly on Oct. 28, the opening day of the international gathering in Gyeongju, North Gyeongsang Province. Hyundai Motor Group Executive Chair Chung Euisun, who supported the government's talks with the United States over tariffs, is among the witnesses to testify at the Public Admi