Jokook "Mrs. Oh's 3.6 Billion Won Compensation, Yoon's Mother-in-law's 10.2 Billion Won Profit... The Anger About This"

Former Minister of Justice Cho Kuk. [Image source=Yonhap News]

[Asia Economy Reporter Heo Midam] Former Minister of Justice Cho Kuk raised his voice of criticism on the 24th by listing real estate-related allegations against Oh Se-hoon, the People Power Party candidate for Seoul mayor, Park Hyung-joon, the People Power Party candidate for Busan mayor, and former Prosecutor General Yoon Seok-yeol.

In a post on his Facebook that afternoon, former Minister Cho mentioned Oh's "Naegok-dong self-compensation suspicion," saying, "Oh Se-hoon candidate's wife received 3.65 billion KRW, which is seven times the official land price, as actual compensation when the land in Naegok-dong was designated as a public housing site."

He also raised Park's "LCT preferential sale suspicion," stating, "The company 'J-Sa,' which supplied an 1.8 billion KRW iron fence-shaped sculpture installed in front of Busan LCT and 11 public artworks worth 2.8 billion KRW, is headed by Park Hyung-joon candidate's wife's cousin, and the wife's son serves as a director."

Regarding former Prosecutor General Yoon, he claimed, "Yoon's mother-in-law received a total of about 13.2 billion KRW in land compensation from Asan New Town land speculation from the Korea Housing Corporation (predecessor of Korea Land and Housing Corporation) and Korea Expressway Corporation, earning a profit of 10.2 billion KRW."

Former Minister Cho sarcastically said, "There is neither anger nor reproach about this. Everyone believes it was handled 'fairly' and 'legally.' It's really easy."

Earlier, through another post, former Minister Cho pointed out, "Former Prosecutor General Yoon urged a strict investigation, calling the land speculation incident by Korea Land and Housing Corporation (LH) employees 'a national crime where the game rules that should be fair were manipulated' in an interview with a media outlet," and questioned, "What is the stance of the prosecution and media on this speculation?"

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