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[Image source=Yonhap News]

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[Asia Economy Reporter Lee Jung-yoon] Yoo Jae-soo, former Deputy Mayor of Busan for Economic Affairs, who was sentenced to probation in the first trial on bribery charges, has filed an appeal.


According to the court on the 28th, Yoo's legal team submitted a notice of appeal to the Seoul Eastern District Court the day before.


On the 22nd, the first trial court sentenced Yoo to 1 year and 6 months in prison with 3 years of probation. Additionally, a fine of 90 million won and a confiscation of 42.21 million won were ordered.


Yoo is accused of receiving money and benefits worth approximately 47 million won from four individuals, including representatives of financial companies, around his tenure at the Financial Services Commission from 2010 to 2018, and committing corrupt acts.


Immediately after the first trial verdict, Yoo's legal team told reporters, "We respect the court's judgment, but we plan to appeal to further clarify the facts regarding the parts judged as guilty," adding that they maintain the position that there was no quid pro quo in the bribery.



On the 26th, the prosecution also filed an appeal with the court, citing reasons such as factual errors, legal misinterpretations, and inappropriate sentencing.


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