'12 People from People Power Party Suspected of Speculation' An Min-seok: "As Promised, Stronger than the Democratic Party? We Will Watch"

Ahn Min-seok, member of the Democratic Party of Korea. [Image source=Yonhap News]

[Asia Economy Reporter Park Hyun-joo] Regarding the result of the full investigation into real estate transactions conducted by the Anti-Corruption and Civil Rights Commission (ACRC), which revealed that 12 lawmakers from the People Power Party are suspected of violating laws, Ahn Min-seok, a lawmaker from the Democratic Party of Korea, urged the People Power Party to take responsible measures.

On the 23rd, Ahn introduced a 'List of Major People Power Party Politicians' Statements Related to Real Estate' on his Facebook and stated, "The People Power Party should immediately disclose the lawmakers involved in real estate speculation revealed by the ACRC and take strict action."

He added, "As promised by the People Power Party a few months ago, we will watch together with the public to see whether they will take stronger measures than the Democratic Party."

Earlier, Lee Jun-seok, the leader of the People Power Party, had expressed a firm stance on responding strictly to real estate speculation allegations. At a press conference for his election as party leader on June 11, he said, "At least, the standards should be stricter than those of the Democratic Party and meet the expectations of the public." On the 22nd, he also explained on his Facebook, "I will keep the stance I declared. Based on that, I will refer to the opinions of other members of the leadership and make a decision."

On the 23rd, Ahn Min-seok, a member of the Democratic Party of Korea, posted on his Facebook, urging the People Power Party to take strict action against the lawmaker suspected of illegal real estate transactions. Photo by Ahn's Facebook.

However, Lee currently shows a cautious stance on disclosing the list of lawmakers involved in illegal real estate transactions. On the evening of the 23rd, when asked by reporters at the National Assembly about 'disclosing the list,' he replied, "There is no plan to disclose it now," and added, "The list itself will be disclosed at some point, but now is not the stage to make such a decision."

The People Power Party plans to hold an emergency Supreme Council meeting at the National Assembly on the morning of the 24th to discuss whether to disclose the names of the detected lawmakers and the level of disciplinary action.

Meanwhile, the real estate-related violations involving the 12 People Power Party lawmakers include 13 cases: one suspected case of real estate name trust, two suspected cases of tax evasion such as disguised gifts, four suspected violations of the Land Compensation Act, Building Act, Special Act on Public Housing, etc., and six suspected violations of the Farmland Act.

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