Politician Says PyeongChang’s Olympic Bid Budget Fabricated
17/09/2007 |
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According to a South Korean publication a provincial Member of Parliament (MP) has said that the Gangwon provincial government and the PyeongChang Winter Olympic bid committee have been fabricating the accounts of the 51.5 billion won budget in connection with the PyeongChang 2010 and 2014 Winter Olympic Bids.
National Assemblyman Won-ja Choi made the comment Wednesday at a press conference in Choonchun and then urged that there should be a breakdown published of how the bid committee and the government executed the budget for the two winter bids.
He also said that the 2010 and 2014 PyeongChang Winter Olympic bid committee received public financial support of provincial funds in the amount of 16.3 billion won and national funds amounting to 16.2 billion won, and has to date expended 51.5 billion won.
He added “given that Governor Jin-sun Kim is still refusing to keep his promise to publish the details, the bidding committee’s refusal to reveal the budget expenditure even to the provincial MPs, and the committee’s explanation that they are still calculating the particulars of how they have expended the budget are sufficient to raise the suspicion that they are fabricating the accounting records of the budget expenditure”.
The assemblyman said “if they are still calculating the budget expenditure for the PyeongChang Winter Olympics bidding activities they must start revealing the accounting books and records and evidentiary materials if only to get to the bottom of the allegations of suspected accounting fabrication over the details of their budget expenditure”.
Won-ja Choi emphasized that suspicions against the bid committee and the provincial government will escalate even more if PyeongChang bids a third time for the Winter Games without conducting a transparent audit of the past two bidding processes.
(Source: Gamesbids.com)
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