As a public servant who serves the Korean people, public officials have a duty of good faith, kindness and fairness, secrecy, integrity, and political impartiality. They are also prohibited from seeking profit, and taking part in collective action.
Those who violate their duty may face disciplinary actions: reprimand, pay reduction, suspension, demotion, and dismissal to expulsion,depending on the level of violation. Monetary sanctions can be imposed in case of irregularities involving money and valuables.
We also have a system that prevents public officials from illegally increasing property by using their position and ensures the fairness of the execution of official duty.
First, public officials of grade 4 or over have to register all their and their families’ property, and high-ranking officials must disclose their property. If their property turns out to be falsely registered or omitted, they can be subject to fines or disciplinary actions.
In addition, if they hold job-related shares worth over 30 million won(approximately USD 30,000), they have to sell the shares or transfer them into a blind trust. When the shares, however, are decided to be irrelevant to their job, they are allowed to hold the shares.
Besides, during the first three years after retirement, public officials of grade 4 or higher cannot get a job at organizations related to agencies that they have worked for over the last five years.