2nd Update (01/27) - Though the basic facts remains the same (refer to the original post and 1st update below), here is some clarification on the current situation, as explained in a Screen Daily article:
- Last Friday (January 23rd), BIFF Director Lee Yong-kwan met with Jung Gyung-jin, Busan's vice mayor for administrative affairs, and culture and tourism bureau director-general Kim Kwang-hee. Citing the poor results of a recent audit (which were not shared with Lee), they suggested he should step down. Lee inquired as to whether they were conveying Busan Mayor Suh Byung-soo's opinion. They confirmed this to be the case.