Summary
- An appellate court overturned the TV media watchdog’s penalty of a six-month shutdown for cable channel MBN over illegal financing and accounting fraud
- The Seoul High Court ruled in favor of MBN in the lawsuit against the Korea Communications Commission (KCC)
- The penalty was imposed by KCC in 2020 but was deemed excessively harsh by the high court
- MBN’s irregularities were acknowledged, but they were not seen as fundamentally compromising the channel’s social role
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