Cases / Finance, funds and markets · South Korea · 2009–2023
South Korea audit reverses river restoration decision
Short record: the main facts, with sources. A full case file has not been prepared.
Nature's voice · report
No measurement of the harm done to me here is on record.
Did nature suffer? Not measured.
Not on record
- The record does not name which of my species, waters, soils or forests were harmed.
A South Korean state audit board reversed a river restoration decision in 2023. Figures for the earlier Four Rivers works (2009–19), reported without a linked source, put the taxpayer cost at 22.2 trillion won.
What?
A state audit board reversed a river restoration decision in South Korea in 2023. Ajunews (Asia Economy)
Where?
South Korea Ajunews (Asia Economy)
When?
Reversal reported 2023; Four Rivers works 2009–19 Ajunews (Asia Economy)
Who?
Gained
- Daelim — 3.78 trillion won in public works under the Four Rivers works (reported without a linked source)
- Hyundai E&C — Named among the firms in the Four Rivers works (reported without a linked source)
Lost
- Taxpayers — 22.2 trillion won, per Four Rivers figures (reported without a linked source)
Harmed
None on recordWhy?
Not stated in the sources reviewed.
How?
An audit finding that reversed the restoration decision. Ajunews (Asia Economy)
6 of 6 questions answered from the record
What happened
The record, in order.
A state audit board reversed a river restoration decision in 2023, Ajunews (Asia Economy) reported.
Reported without a linked source: the Four Rivers works (2009–19) included a 3.78 trillion won public-works contract for Daelim.
In court and with insurers
Every proceeding and every insurer decision on record.
Lawsuits and rulings
No court case on record. No court has ruled on this case.
Insurers
No insurer decision on record.
What we don't know
Undisclosed, unproven, untried: recorded as data.
Nature
- Not measured Harm to nature: The record holds no measurement of harm to nature.
Record
- None on record The sources reviewed do not say which river's restoration decision was reversed or what it required.
- None on record The sources do not say whether the reversal changed works already done on the ground.
- None on record The Four Rivers figures are reported without a linked source.
Did the harm stop?
Not stated in the sources reviewed.
Who paid?
Not stated in the sources reviewed.
Sources
Voices on record: — Company or project— Government and regulators— Courts✓ Press and investigations— Communities and civil society— Researchers
Press and investigations
- River restoration decision reversed (state audit board)Ajunews (Asia Economy) · 2023