Ministry of the Interior and Safety Reviews Cancellation of 'Jeongui Gieok Yeondae' Donation Registration Following Yun Mi-hyang Indictment

[Image source=Yonhap News]

[Asia Economy Reporter Jo In-kyung] As the prosecution indicted Yoon Mi-hyang, a member of the Democratic Party and former director of Justice and Memory Foundation (Jeonguiyeondae), the government has begun reviewing follow-up measures such as canceling Jeonguiyeondae's registration for fundraising.

An official from the Ministry of the Interior and Safety said on the 15th, "We are confirming the prosecution's indictment details related to Jeonguiyeondae," adding, "After clearly understanding the indictment contents, we will review what follow-up actions to take."

However, since there is no clear regulation on the level of misconduct that warrants cancellation of registration, the review is expected to take some time.

According to the Act on the Collection and Use of Donations (Donation Act), if a fundraiser or fundraising worker collects donations differently from the fundraising and usage plan or fails to maintain books and documents showing the fundraising status and usage details, the relevant registration authority may cancel the organization's "fundraising registration."

If the fundraising registration is canceled, the collected funds must be returned to the donors. Also, those who commit violations warranting cancellation of registration may face imprisonment of up to three years or a fine of up to 30 million won.

Currently, organizations intending to raise donations of 10 million won or more must register their fundraising with the Ministry of the Interior and Safety or metropolitan local governments. If the fundraising target exceeds 1 billion won, registration must be made with the Ministry of the Interior and Safety. Previously, Jeonguiyeondae fell under this category and was registered with the Ministry.

On the 14th, Representative Yoon was indicted without detention on a total of eight charges, including violation of the Act on the Management of Subsidies, fraud, violation of the Local Finance Act, violation of the Donation Act, embezzlement in the course of duty, and breach of trust.

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