Joo Ho-young, floor leader of the People Power Party, is attending the floor strategy meeting held at the National Assembly on the 16th and delivering opening remarks. Photo by Yoon Dong-joo doso7@

Joo Ho-young, floor leader of the People Power Party, is attending the floor strategy meeting held at the National Assembly on the 16th and delivering opening remarks. Photo by Yoon Dong-joo doso7@

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[Asia Economy Reporter Park Cheol-eung] On the morning of the 16th, Joo Ho-young, the floor leader of the People Power Party, held an emergency press conference demanding a special prosecutor and a parliamentary audit from the ruling party, along with a full investigation of lawmakers related to real estate speculation. The Democratic Party of Korea immediately accepted this and responded that they would proceed with the full investigation right away, accelerating the discussion.


Floor leader Joo said, "From the president to the Democratic Party lawmakers, the number of those claiming to be farmers among Moon Jae-in administration officials has surged, causing the public's anger to skyrocket," and added, "During this March session, the LH special prosecutor bill must be immediately passed in the plenary session, and the Democratic Party should cooperate without delay." It appears that they accepted the Democratic Party's special prosecutor proposal.


Regarding the full investigation, just as all 102 People Power Party lawmakers agreed, he pressured the Democratic Party to quickly express their unanimous consent. Floor leader Joo also said, "Do not deliberately omit our demand for a full investigation of the Blue House. We repeatedly demand a full investigation of all lawmakers, their direct relatives, and the Blue House."


The People Power Party also decided to submit a request for a parliamentary audit on the same day. It targets all land traders in the 3rd new town development. Floor leader Joo said, "There are suspicions spreading among the public that a powerful group aiming to justify supply and maximize development profits has driven real estate prices nationwide to unprecedented heights in connection with the 3rd new town LH speculation scandal," and warned, "Do not stall or use tricks to evade the situation until the April 7 election."



In response, the Democratic Party welcomed the opposition's acceptance of a full investigation of all 300 lawmakers and urged immediate implementation. Regarding the special prosecutor, they proposed that the ruling and opposition parties quickly negotiate and pass it in the plenary session.


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

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