National Railway Authority Signs Pact to Strengthen Anti-Corruption Cooperation

The National Railway Authority said it is stepping up efforts to support sustainable management, including advancing “RE100” for electric railways and strengthening anti-corruption cooperation.
 
The authority said it signed a four-party memorandum of understanding on Thursday at the Local Finance Hall to improve audit expertise and expand anti-corruption cooperation.
 
The agreement was designed to broaden cooperation among internal audit bodies in the public sector and spread a culture of integrity. Participants included officials from the National Railway Authority, the Korea Local Finance Association, the Private School Teachers’ Pension, and Korea South-East Power, who shared audit strategies and best practices.
 
They also discussed upgrading a prevention- and consulting-focused audit system, training specialists, strengthening the effectiveness of anti-corruption and integrity programs, and improving audit professionalism.
 
“This agreement is a meaningful starting point to share audit capabilities among institutions and further strengthen an anti-corruption cooperation system,” said Yoo Byung-ho, standing auditor of the National Railway Authority. “We will continue working to establish a fair audit system and reinforce internal controls so we can keep growing as a clean public institution trusted by the public.”
 
Separately, the authority said it presented next-generation technology directions for achieving RE100 in electric railways at the Korean Institute of Electrical Engineers’ Electrical Facilities Division conference now underway in Daegu.
 
It said it will begin full-scale technology development for research projects to improve railway power supply systems, in cooperation with the Korea Railroad Research Institute and others, aiming to link renewable energy to traction power for electric railways.
 
“By combining renewable energy with advanced technologies such as AI, we will improve the efficiency and stability of railway power facilities and lead the era of eco-friendly rail transportation,” said Lee An-ho, acting chairman of the National Railway Authority.