Retired officials should refrain from serving as ‘lobbyists’
An increasing number of retired bureaucrats have landed jobs at banks and nonbanking institutions over the past four years, raising concerns about their connections to the private sector. According to a report released by Rep. Yong Hye-in of the minority Basic Income Party, 250 former economy and finance officials found jobs in the financial sector between 2017 and 2020 under President Moon Jae-in’s rule. The number marked a 26 percent surge from 199 such officials during the former Park Geun-hye administration.
The report said that 124 retired officials, who had worked previously […]
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