‘Suspected Illicit Gift’ Jeon Bong-min Quits People Power Party: "I Deeply Apologize"

Father, 30 Million Won Bribery Request to Cover Up Report... "Moral Responsibility"

[Image source=Yonhap News]

[Asia Economy Reporter Lim Chun-han] On the 22nd, Jeon Bong-min, a member of the People Power Party, abruptly left the party after allegations arose that he increased his wealth through his father's illicit gift transfer.

Jeon held a press conference at the National Assembly in the afternoon and stated, "I have decided to relinquish my membership in the People Power Party."

Jeon said, "I deeply apologize to the public and party members for the controversy caused by my father's inappropriate remarks," and explained that the reason for his departure was a "moral responsibility." Jeon's father attempted to suppress the report by offering 30 million won to an MBC reporter investigating the allegations.

Regarding the 'preferential allocation of work' and 'payment of gift tax,' Jeon said, "I will respond to related allegations according to proper procedures and regulations." On other contentious issues, he replied, "I believe there will be time to address them separately."

When asked whether he coordinated his departure with the party leadership, Jeon said, "I thought it best on my own because it would specifically cause harm to the party."

Earlier, MBC reported that Jeon's father’s company, Ijin Construction, funneled contracts and apartment sales projects to companies established by Jeon and his siblings, increasing their wealth by 130 times, raising suspicions of illicit gift transfer.

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