[Asia Economy Reporter Oh Ju-yeon] Kim Du-gwan, a presidential candidate from the Democratic Party of Korea, has called for a full-scale investigation into real estate speculation targeting public officials, employees, and their families who are affiliated with the Korea Development Institute (KDI), where People Power Party lawmaker Yoon Hee-sook previously worked.


On the 26th, Kim stated on Facebook, "It is gradually being revealed that the location of the land Yoon's father purchased, as well as the research or due diligence related to the development of that land, was led by KDI, where Yoon worked until 2016."

Kim Du-gwan, member of the Democratic Party of Korea./Photo by Yoon Dong-joo doso7@

Kim Du-gwan, member of the Democratic Party of Korea./Photo by Yoon Dong-joo doso7@

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Kim mentioned, "Yoon's father, who has an address in Seoul, bought 3,300 pyeong of land near Sejong City around the age of 75 in 2016, claiming he wanted to farm." He added, "At that time, almost the entire Sejong City was practically a speculative zone, and the speculative frenzy properly started after Yoon's father purchased the land. To buy land right next to a planned development district like that, unless Yoon's father is a fortune teller, it is impossible."


He continued, "It is impossible not to have reasonable suspicion that Yoon used information obtained while working at KDI to collude with his family in land speculation," emphasizing, "This must be revealed through a thorough police investigation."


He went on, "This case involving Yoon may be just the tip of the iceberg," and said, "Taking this opportunity, investigations and inquiries should be conducted on KDI employees, former public officials from KDI, and their families, who monopolize the preliminary feasibility studies of national projects and thus know most of the development information nationwide." He also stated, "The suspicion is growing that in the real estate speculation case involving Yoon, LH is just a minnow, and KDI is the main body."



Regarding the People Power Party, he said, "Please abandon any thought of covering up the suspicions with a clumsy resignation show and crocodile tears," and evaluated, "Lee Jun-seok, who was called the 'icon of innovation,' has become the 'icon of political manipulation' himself, shedding crocodile tears while holding hands with lawmaker Yoon Hee-sook." Kim urged, "Confess your conscience even now," adding, "Only then can you be forgiven by the people even a little."


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

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