People Power Party, Real Estate Speculation Allegations "Full Investigation of National Assembly Members, Special Prosecutor and Parliamentary Inquiry to be Conducted" (Update)

Joo Ho-young "Submit Request Today"
Kim Tae-nyeon "Democratic Party Is Ready"
Five Parties Including Justice Party Discuss Methods This Afternoon

[Image source=Yonhap News]

[Asia Economy Reporters Hyunju Lee and Juni Park] With the People Power Party officially accepting the Democratic Party of Korea's proposal to investigate all 300 members of the National Assembly for land speculation allegations, a full-scale investigation of all lawmakers is expected to gain momentum. The People Power Party has also expressed willingness to accept a special prosecutor and a state audit.

On the 16th, Joo Ho-young, floor leader of the People Power Party, held a press conference and stated, "We demand a thorough investigation of all members of the National Assembly, as well as the implementation of a special prosecutor and a state audit." He added, "During the March session, we will actively cooperate with the Democratic Party to jointly propose the special prosecutor bill for the Korea Land and Housing Corporation (LH) so that it can be promptly processed. The request for a state audit will be submitted today." Joo emphasized, "Although all 102 members of the People Power Party have agreed to undergo any investigation, the Democratic Party is still wavering," urging, "Confirm the consent of all Democratic Party members quickly and bring them to the verification stage." He also stressed, "Do not deliberately omit the demand for a full investigation of the Blue House. It should include all members of the National Assembly, their immediate family members, local government heads, local council members, and public institution officials."

The ruling party has stated that if the opposition accepts the full investigation, it will be conducted immediately. Kim Tae-nyeon, acting party leader and floor leader of the Democratic Party of Korea, said, "A full investigation of lawmakers to eradicate real estate speculation is not something to be delayed or vacillated over. It is a matter that can be decided simply and implemented immediately," adding, "The Democratic Party is ready."

On the same afternoon, five minor parties without negotiation groups?Justice Party, Open Democratic Party, People Party, Basic Income Party, and Transition Korea?also planned to discuss methods for the full investigation of National Assembly members. Kang Eun-mi, floor leader of the Justice Party, said on the radio, "Lawmakers should say, 'Investigate us first,' and then extend the investigation to other elected officials, local government officials, and related institutions so that citizens can understand. The National Assembly must take the lead." Kang also suggested, "I think it might be good to entrust the investigation of lawmakers to the Anti-Corruption and Civil Rights Commission."

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