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Cover Story
¨ÏFBS
TIMELINE
5.23
The College of Education
Investigation Committee (CEIC) was
formed. Its main objectives were: to
check if embezzlement took place, if
Nam tried to keep his actions hidden,
and why it took so long to find the
embezzlement.
5.24
The College of Occidental
Languages Emergency Meeting was
held to discuss level of punishment
for Lee and to improve the budget
management system.
¡ã Nam refuses to attend GSRM unless his face is digitalized.
6.5
public accounts, unless they borrow
reasons why groups seek professional
The College of Occidental Languages
Student Representatives?Meeting
money in the name of HUFS for
help.
removed Lee from its organization,
the same reason.¡± said Baek Yu-jin,
Plus, there is a long list of things to
and demanded that she upload a
letter of sincere apology.
presidentofEPC.
prepare: a seal for the organization,
Organizations can open public
records of the representative election,
accounts through getting a tax
IDcardsfortherepresentatives,alistof
registration number and doing some
members and rules, and an agreement
6.7
paperwork. While student councils are
to establish an ¡®organization seen as a
Lee uploaded letter of apology,
not considered to be corporate bodies,
corporation¡¯. Tax offices will make the
saying ¡°It was a wrong move to hide
the fact that I was voice phished.¡±
they can be ¡®organizations that are
taxregistrationnumberfortherelevant
treatedascorporations¡¯.
organization,thenbankswillbeginthe
6.5~19
Nam attended the CEIC inspection.
¡°Organizationswillgettaxregistration
processofopeningapublicaccount.
Heintentionallystatedfalsedetails,
numbersaftertheyfilloutformsintax
Moreover, only an Authentication
creating confusion.
offices, since tax offices are supposed
Certificate for Industries can be used,
6.23
to make the registration number
and the One-Time Password (OTP)
CEIC uploaded its final report and
for organizations through proper
cell- a replacement of the security
Nam ? malfeasance was confirmed
at the College of Education. His
examinations. Banks will open public
card-shouldreceivenewbatteriesona
embezzlement was chronic,
accounts when the tax registration
regularbasis.TheOTPcannotfunction
throughout his whole tenure in 2016.
number is prepared,¡± mentioned Kim
unless its battery gets charged again in
6.30
Woo-yeong, a certificated professional
arelevantbankbranch.
Hyeong got voice phished and lost
administrativeagent.
funds from the public budget of the
College of Chinese student council.
The registration number can function
as a Certification for Business
Pathstoimprovement
Registration.
7.14
Police investigation began on
However,theprocesstoopenapublic
Mandatorydonationinspection
Hyeong's case.
account requires a relatively great deal
bystudents
of effort and time, thus sometimes
The recent series of embezzlements
7.28
licensed professionals deal with whole
haveproventhepossibilityofbudgetary
Hyeong repaid all the lost funds
process. Lack of documents that have
abuse. Hence, student bodies are
to the College of Chinese Student
requirementsthatcannotbemeteasily,
required to implement mandatory
Council.
and expiry of legitimacy are the main
inspectionsondonations.
13
SEP 2017

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