South Korean meter-tampering report details 2.9 billion won penalties
The newly uploaded report includes a police briefing dated November 2024, describing suspected electricity theft uncovered through abnormal current readings.
Why this story? One of MBCNEWS's most watched videos since yesterday, with 1,284,584 views.
MBCNEWS: The news division of MBC, a publicly owned South Korean broadcaster. 6.2M subscribers and 32B views.
[자막뉴스] "전기 수상해" 배전반 까자 '걸렸다'..업주들 29억 폭탄 (전주MBC 뉴스)
Cut and reconnected wires inside a commercial electrical panel provide the first visible clue. A utility employee opens the cabinet and points out the alterations in a report from South Korea's Munhwa Broadcasting Corporation (MBC), produced by its Jeonju newsroom.
Although uploaded on November 8, the video includes a police press release dated November 4, 2024. It should not be read as an announcement of new arrests this week.
The report explains that altered wiring allowed some electricity to bypass meters, leaving part of the businesses' consumption unrecorded. A Korea Electric Power Corporation employee says unusual current data helped identify the suspected tampering.
At the briefing, Jeonbuk provincial police official Yoo Seong-min says police apprehended 71 people and placed two suspected ringleaders in detention. According to the report, intermediaries and an electrical contractor recruited business owners and collected installation fees for the alterations.
Police put the electricity allegedly stolen at 8.41 million kilowatt-hours, worth about 950 million won. Yoo compares that amount with a month's electricity consumption for 40,000 households in the region.
The report says the utility imposed a combined 2.9 billion won in contractual penalties on the business owners involved. It closes with the utility's plans to establish a system for identifying abnormal usage patterns.
South Korea’s largest electric utility, responsible for generating, transmitting and distributing electricity. The South Korean government owns a majority stake.
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