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Korea Gas Corporation is in a position to not receive a dime of the 13 billion won that should be returned from the shipping company. If you don't manage your bonds properly, that money will eventually be a national tax.

Reporter Han Hyun-ho of TBC reports.

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In December 2015, Korea Gas Corporation notified Hyundai Merchant Marine, a shipping company, to return 13 billion won in freight charges from the previous year.

I was asked to return the money left over from the cost I paid in advance, but I haven't received a penny for five years.

As Hyundai Merchant Marine transferred the LNG transportation business to Hyundai LNG Shipping in June 2014, the debt was also passed.

Despite this, Gas Corporation only applied for mediation to the Korean Commercial Arbitration Court, a private court, in November 2018, three years later.

The arbitrator ruled that the bonds of the Korea Gas Corporation had been extinguished after two years passed before the bonds were exercisable.

[Former arbitrator of the Korea Commercial Arbitration Court: The arbitration award itself has the same effect as the Supreme Court ruling. It is not uncommon for bonds to disappear after a period of exemption.]

Gas Corporation, which is empty-handed, admits to a mistake in the process of receivables, but belatedly complains that Hyundai Merchant Marine did not intentionally disclose the business acquisition contract. Are preparing.

[Kim Ki-soo / Director of the Korea Gas Corporation Introduction Sales Division: Arbitration is usually a first instance judgment. It ends with a ruling, but this time, incomplete cases have been found, and the insolvent part is preparing for legal proceedings.]

Korea Gas Corporation, a large public corporation, said that it had over 10 billion won in national debt due to poor bond management and neglect management. The blame has become inevitable.