[Image source=Yonhap News]

[Image source=Yonhap News]

View original image

[Asia Economy Reporter Jeon Jin-young] The Democratic Party of Korea pointed out on the 5th that former lawmaker Jeon Bong-min, who left the People Power Party amid controversy over asset accumulation, won public construction contracts worth hundreds of billions of won while serving as a Busan city council member, raising concerns of a conflict of interest.


On the same day, the Democratic Party announced the formation of the "Jeon Bong-min Family Illegal Corruption Investigation Team" and stated that it would prepare measures to eliminate conflicts of interest and corruption among elected officials.


Kim Hoe-jae, the head of the team, held a press conference and said, "Together with the Busan City Council's Special Committee for Administrative Investigation into Construction Privileges and Illegality, we will conduct a thorough investigation into the allegations of construction privileges and illegality in Busan City."


Jang Kyung-tae, the secretary, pointed out, "After being elected as a Busan city council member, Jeon held key positions. In 2008, the year Jeon was elected as a Busan city council member, he also established Dongsu Tokun, a construction company in which he held a 37.61% stake as an executive."


Jang said, "From 2014 to 2018, Dongsu Tokun directly and indirectly won construction and service contracts worth 20.6 billion won from Busan City and Busan Urban Corporation," and emphasized, "We demand clarification on how these contracts were obtained."



He added, "Considering that as a Busan city council member, Jeon could exert influence over Busan City and Busan Urban Corporation, there is a sufficient possibility of a conflict of interest. The Democratic Party will thoroughly investigate all suspicions of construction corruption in Busan, including those involving Jeon, and reveal the truth."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing