Economics

Korea Hydro CEO to Quit Once Nuclear Parts “Mess” Rectified

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Korea Hydro & Nuclear Power Co.’s chief executive officer said he will quit once he has rectified “the mess” surrounding faked quality control certificates on components supplied to the company’s nuclear reactors.

“I will focus on rectifying the mess, and then will step down to take responsibility,” Kim Kyun Seop, CEO of the Seoul-based utility, told lawmakers in a hearing today in Seoul. “It’s important to clean up the wrongdoings that happened in the past.”