Court Rejects Prosecution's Request to Identify Jeon Du-hwan's Asset List

[Image source=Yonhap News]

[Asia Economy Reporter Jeong Dong-hoon] The prosecution applied to the court to reassess the property list of former President Jeon Du-hwan, who is delinquent on 100 billion won in fines, but the request was rejected again.

The Civil Division 3 of the Seoul Western District Court (Presiding Judge Park Byung-tae) announced on the 7th that it dismissed the immediate appeal filed by the Seoul Central District Prosecutors' Office, representing the creditor Republic of Korea, against the debtor Jeon in the property disclosure application case on the 28th of last month.

In 2003, the Seoul Western Branch of the Seoul District Court accepted the prosecution's property disclosure application against Jeon and specified his property list. 'Deposit assets of 290,000 won' and others were disclosed at that time. Based on this, the prosecution auctioned off two Jindo dogs, a TV, refrigerator, and piano, securing 179.5 million won, and auctioned off the annex of his Yeonhui-dong residence the same year, collecting 1.648 billion won in fines.

In April last year, the prosecution filed a property disclosure application again, stating that Jeon's property list needed to be reassessed. However, the court dismissed the application, stating, "The materials submitted by the creditor alone are insufficient to accept the reapplication." The prosecution submitted a re-appeal on the 4th of this month after the dismissal of the appeal.

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