"Only Korea, the Country Where the Conman and the Minister of Justice Are a 'One Team'"

Former Dongyang University Professor Jin Joong-kwon. Photo by Yonhap News

Former Dongyang University Professor Jin Joong-kwon. Photo by Yonhap News

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[Asia Economy Reporter Kang Juhee] Former Dongyang University professor Jin Joong-kwon criticized on the 22nd regarding the Lime Asset Management fund scandal, saying, "South Korea is the only country where a swindler (former Star Mobility chairman Kim Bong-hyun) and the Minister of Justice are a 'one team.'"


In a post on his Facebook on the 22nd, former professor Jin wrote, "(Former chairman Kim) knows that if he frames it as prosecutorial reform, the government and ruling party will be tempted," and analyzed, "So he overturns his statements and makes the absurd claim that he did not lobby any ruling party figures but only the prosecution."


Kim, the key figure in the Lime scandal, claimed in his 'second prison statement' on the 21st that he received help from prosecution officials during his approximately five-month period on the run until his arrest by the police in April. He also insisted that his earlier claim made in the first statement released on the 14th, that he entertained three active prosecutors with alcohol, was a "definite fact."


Former professor Jin analyzed, "Kim Bong-hyun is proposing a 'deal' with his letter," adding, "Reading it, it ultimately demands to be treated not as the main culprit but as a 'side player.'"


He continued, "But it doesn't seem likely to work. Still, there is a system, so no matter how much the government and ruling party engage in political manipulation, there are limits," and said, "Even the prosecution-media collusion scheme caused a huge uproar with the exercise of investigative command rights but ultimately ended in failure, right? I expect this case to follow the same path."


Former professor Jin pointed out, "The government and ruling party use this as a diversion tactic to change the narrative. It is a disruption operation that clouds the essence of the situation," and added, "Furthermore, they intend to divert the investigation toward peripheral prosecutors and reorganize the investigation team to obstruct the probe into the main culprits?the political lobbying."


He said, "But the pattern keeps repeating, so I am getting somewhat tired of it. The truth is too obvious, and you cannot cover the sky with your palm," adding, "They might fool the public's eyes temporarily, but the truth will eventually come out. Seeing the chaos, it seems the Lime and Optimus scandals are more serious than expected."


He then addressed former chairman Kim, saying, "You better wake up from your dream," and warned, "No matter how much the government and ruling party shake the law, there is a system in society. No matter how much government and ruling party people act like legal thugs, there are things they cannot do, so abandon your vain hopes."


He added, "This is a case that caused an enormous number of victims. Many of them probably had their families ruined. No one would believe that such an astronomical fraud could have been possible without the help of power," and said, "The public is not stupid, and the messages they sent remain as evidence, so lying is useless."



He concluded, "It is a world where swindlers pretend to be righteous. Truly a country never experienced before," and sarcastically said, "At least among OECD countries, South Korea is the only country where a swindler and the Minister of Justice work as a 'one team.'"


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

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