Controversy Over Park Deokheum's 'Contract Awards from Supervised Agencies', Rebuttal Press Conference Tomorrow

[Image source=Yonhap News]

[Asia Economy Reporter Kang Nahum] Park Deokheum, a member of the People Power Party, is set to clarify allegations that he secured large-scale construction contracts through a construction company registered under his family's name from agencies overseen by the National Assembly's Land, Infrastructure and Transport Committee, of which he is a member.

According to Park's office on the 20th, he plans to hold a press conference on the afternoon of the 21st to provide a detailed statement regarding the allegations raised against him.

Park is expected to argue that the contracts exceeding 100 billion won were awarded through a 100% open bidding process, allowing competing companies to raise any concerns.

He will also address controversies related to conflicts of interest arising from the construction company shares he placed in a blind trust that have remained undisposed for several years, as well as allegations of breach of trust linked to the high-priced purchase of a golf course during his tenure as president of the Korea Specialty Contractors Association.

The leadership of the People Power Party has stated that they will verify the details once Park provides his explanation. Previously, the party reassigned Park from the Land, Infrastructure and Transport Committee to the Environment and Labor Committee.

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