Kim Hong-gul, member of the Democratic Party of Korea./Photo by Yonhap News

Kim Hong-gul, member of the Democratic Party of Korea./Photo by Yonhap News

View original image


[Asia Economy Intern Reporter Kim Seul-gi] Amid allegations that Kim Hong-gul, the third son of former President Kim Dae-jung and a member of the Democratic Party of Korea, gifted a Gangnam apartment to his second son in his 20s, Kim Geun-sik, the Future United Party’s Seoul Songpa-byeong district committee chairman, criticized, saying, "If you want to be called Kim Dae-jung’s son, stop this ugly march of greed right now."


On the 28th, Kim posted on his Facebook, "Despite promising to sell multiple homes, he hastily used a loophole to gift a Gangnam apartment to his son in his 20s to protect it. With tens of billions in assets, is it really that hard to sell one apartment?"


He added, "Although he supported the Jeonse price cap law, he raised the Jeonse deposit on his own apartment by 400 million won. This hypocrisy is worse than Cho Kuk’s. Is there no minimum morality when it comes to money?" He strongly criticized, saying, "If money and wealth are important, don’t pretend to be part of the progressive camp and engage in politics. If you want to act progressive in politics, show detachment from money."


He continued, "Your father, President Kim Dae-jung, is one of the few respected politicians in South Korea. A symbol of democracy and peaceful reunification," and emphasized, "He is also a symbol of persecution and trials as an opposition politician facing hardship. Please remove the label of being Kim Dae-jung’s son from your greedy behavior."



In response to the controversy, Representative Kim said, "My second son’s health is not very good. Since the year before last, he has been earning about 1 million won per month through part-time jobs," and added, "My wife decided to gift the apartment under my second son’s name."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing