Democratic Party Former and Current Lawmakers and Senior Officials: 34 People Urged for Prosecution and Investigation

(Seoul=Yonhap News) Jin Seong-cheol reporter = Kwon Seong-dong, chairman of the People Power Party's LH real estate speculation investigation special committee, and committee members are holding a press conference at the National Assembly Communication Office on March 10.

(Seoul=Yonhap News) Jin Seong-cheol reporter = Kwon Seong-dong, chairman of the People Power Party's LH real estate speculation investigation special committee, and committee members are holding a press conference at the National Assembly Communication Office on March 10.

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[Asia Economy Reporter Park Jun-yi] The People Power Party's Real Estate Speculation Investigation Task Force (TF) announced that it has requested the National Investigation Headquarters to file complaints and conduct investigations into 13 current and former members of the National Assembly, including former Democratic Party leader Lee Hae-chan, as well as high-ranking public officials regarding allegations of real estate speculation.


On the 26th, the Real Estate Speculation Investigation TF issued a statement saying, "We have submitted 34 complaints and investigation requests to the National Investigation Headquarters concerning suspected real estate speculation cases involving 13 current and former lawmakers, as well as allegations related to high-ranking public officials and pro-government figures raised so far."


The subjects of the investigation requests include former leader Lee Hae-chan, Democratic Party lawmakers Kim Kyung-man, Yang Yi-won-young, Yoon Jae-gap, Kim Joo-young, Yang Hyang-ja, and former Democratic Party lawmaker Lee Yong-deuk. Those targeted for complaints include lawmakers Lim Jong-sung, Kim Han-jung, Seo Young-seok, and former lawmaker Jung Jae-ho.


In particular, regarding former leader Lee Hae-chan, the TF requested an investigation into speculation allegations, stating that in 2012, land in Jindong-myeon, Paju-si, Gyeonggi Province, passing through Seoul-Sejong, was purchased under the name of his spouse Kim, followed by subdivision and land use changes.


Additionally, six high-ranking officials from the Blue House and government, as well as 15 local government heads and local council members, are also included in the complaints and investigation requests.


The Real Estate Speculation Investigation TF explained, "Police Chief Kim Chang-ryong has threatened to conduct strict investigations into real estate speculation regardless of rank or status without exception. However, despite numerous allegations of speculation involving many high-ranking officials, the investigative authorities have failed to produce proper results."



They added, "We once again condemn the biased investigations and delays by the Government Joint Special Investigation Headquarters and request a thorough investigation of the complaints and investigation matters submitted to the National Investigation Headquarters to regain the trust of the people."


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

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