[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Lim Chun-han] On the 23rd, the People Power Party stated that the four-year prison sentence handed down in the first trial to Jung Kyung-shim, wife of former Minister of Justice Cho Kuk and a professor at Dongyang University, who was prosecuted for allegations related to her children's admission fraud and private equity fund investments, is “a just outcome.” They added, “The fact that the entire charges related to admission fraud resulted in a guilty verdict clearly shows how strictly the judiciary has judged the ‘parental advantage’ of the Cho family.”


Kim Ye-ryeong, spokesperson for the People Power Party, said in a statement on the same day, “It is very regrettable that the charges related to the private equity fund, a serious crime that shakes the market economy order, resulted in a not guilty verdict.”


Spokesperson Kim also stated, “The public has long since sentenced them guilty in their hearts, but today, the defense team of Professor Jung expressed reactions such as shock, bewilderment, and feeling wronged, which rather confuses the public.”


Kim added, “Former Minister Cho posted on SNS that ‘It seems that this ordeal became an unavoidable fate when I was nominated as Minister of Justice.’ Still, is this the conduct expected from someone who once held the position of Minister of Justice of the Republic of Korea?” He continued, “It is time to stop emotional appeals for supporters and comply with the court’s ruling, which is the minimum duty owed to the public. Furthermore, with a final conscience, he must immediately apologize to the people for the crime of plunging the state affairs into chaos.”





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