12. Is there a ban on donations from corporations with partial government ownership to candidates?
Korea, Republic of
"No one shall contribute or receive any political funds in connection with any of the following acts: (...) 4. Acquiring any right, interest or position on or in property, or arranging the acquisition thereof through any contract or any disposition with any of the following corporations: (a) A corporation that is created by the State, public organizations or pursuant to the provisions of any special Act; (b) A corporation whose majority shares and stake are owned by the State or any local government; (c) A corporation that receives directly or indirectly subsidies from the State or public organizations; (d) A corporation in which the Government invests or for which the Government offers a payment guarantee.
Article 32, Political Funds Act, 2023"
There is a ban.