[News Today] POSCO E&C raided over fatal collapse

[LEAD]
Authorities have launched a raid on the headquarters of POSCO E&C and related offices following a fatal construction site accident in Seoul.

Five fatal accidents have already occurred involving the firm this year.

[REPORT]
The construction site of the Sinansan subway line in Seoul's Yeouido.

On December 18, a worker in his 50s died after rebars collapsed at a site 70 meters underground.

The prosecution, police, and labor ministry raided offices of the builder POSCO E&C and its subcontractors.

The search and seizure is carried out to look into whether POSCO E&C enforced safety measures to prevent the risk of a collapse and conducted proper oversight and management.

Two accidents have occurred at the Sinansan Line construction site this year alone.

In Gwangmyeong, Gyeonggi-do Province, back in April, a worker was killed in another collapse incident at a POSCO E&C site.

With mishaps continuing, even Lee Jae Myung slammed the firm back in July.

Lee Jae Myung / President (July)
In legal terms, isn't this death by willful negligence? It's the result of simply treating deaths as inevitable.

The company replaced its president a week later and promoted safety-first management, but accidents did not stop.

Song Chi-young / CEO, POSCO E&C (Dec. 18)
As the chief executive, I extend deep apologies with a heavy heart.

The number of deaths at POSCO E&C construction sites totals five this year.

Amid fierce public criticism over the repeated fatalities, experts believe that severe penalties such as business suspension are inevitable.

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