[Asia Economy Reporter Naju-seok] The People Power Party has called the Democratic Party's real estate full-scale investigation a 'self-investigation' and urged that the Audit and Inspection Board conduct an investigation.


On the 8th, Kang Min-guk, the floor spokesperson for the People Power Party, said, "The Democratic Party should not 'obscure the essence' in response to the public anger over real estate speculation," and reiterated the call for a full-scale investigation of lawmakers by the Audit and Inspection Board.


Kang explained, "The People Power Party proposed an 'Audit and Inspection Board investigation' to clarify the 'real estate speculation allegations' without controversy over political neutrality and independence," adding, "The People Power Party has already strongly expressed its willingness for a full-scale investigation of People Power Party lawmakers, as well as investigations by the Audit and Inspection Board, special prosecutors, and parliamentary audits since last March."


He pointed out, "The Democratic Party forcibly conducted the full-scale investigation led by the Anti-Corruption and Civil Rights Commission, which is not free from power," and questioned, "Why did they insist on an investigation by the Anti-Corruption and Civil Rights Commission, chaired by a re-elected lawmaker from the Democratic Party?" He continued, "Isn't this a trick to downplay and conceal the bigger truth with a few cases?"


Kang criticized, "The Anti-Corruption and Civil Rights Commission's investigation was conducted by receiving real estate status reports of 174 lawmakers and 816 family members from Democratic Party lawmakers, then cross-verifying with registry copies," adding, "Some lawmakers reportedly refused to submit financial transaction details. There is no way the investigation was properly conducted."


He said, "The fact that such results came out even from an investigation by the Anti-Corruption and Civil Rights Commission, which lacks compulsory investigative authority, means that this 'Democratic Party real estate speculation investigation result' is just the tip of the iceberg," and criticized, "While tightening the public by saying 'let's control housing prices' in front, behind the scenes, they jumped into real estate speculation saying 'let's make a profit'?this duplicity is the true face of the Democratic Party."



Kang concluded, "If the Democratic Party truly has the will to root out the real estate speculation problem, let us receive an investigation by an independent institution fairly and squarely together with the People Power Party," and stated, "The People Power Party will proceed until fairness and transparency in the real estate speculation issue are guaranteed and the public can trust it."


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

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