Kim Nam-guk "81-year-old Yoon Hee-sook's father, farming 3,290 pyeong in Sejong while living in Seoul, is he Superman?"

'Real Estate Speculation Allegations' Land Owned by Yoon Hee-sook's Father
[Image Source=Yonhap News]

[Asia Economy Reporter Park Hyun-joo] Kim Nam-guk, a member of the Democratic Party of Korea, criticized Yoon Hee-sook, a member of the People Power Party, who declared her withdrawal from the presidential race and resignation from the National Assembly amid allegations of her father's violation of the Agricultural Land Act, saying, "Is Yoon's father Superman?" He added, "I was puzzled by the sudden resignation announcement accompanied by unexpected tears, but after seeing subsequent media reports, many of my questions were resolved."

On the 26th, Kim posted on his Facebook, titled "Is Yoon's father Superman, farming about 3,290 pyeong in Sejong City while living in Seoul at 81 years old?" He expressed suspicion, saying, "Yoon declared her resignation from the National Assembly, and suspicions are growing that the whole family was mobilized in an 'all-in real estate' effort."

Kim explained, "In the case of national industrial complexes, the Ministry of Strategy and Finance delegates the actual preliminary feasibility study to KDI. Considering that Yoon's father purchased the land when Yoon was working at KDI and Yoon's brother-in-law was an aide to the Minister of Strategy and Finance, there is sufficient credibility to the suspicion that the whole family used insider information for real estate speculation."

He continued, "It is said that after Yoon Hee-sook's father purchased land in Sejong City, it was consecutively decided that industrial complexes would be established there," and pointed out, "In particular, the Sejong Complex General Industrial Complex, located about 3 km in a straight line from the land purchased by her father, has been known to have been in progress since 2015."

He added, "Moreover, at that time in 2016, Yoon Hee-sook's father was 81 years old. I would like to ask whether it is reasonable to farm about 3,000 pyeong of land," and criticized, "It is also questionable that her father, who was living in Seoul, suddenly purchased land in Sejong City. It is absurd to say that an 81-year-old father, not even Superman, bought land hundreds of kilometers away in Sejong City to farm."

Kim said, "Despite such strong suspicions of real estate speculation, I hope the essence of the suspicion is not obscured by the resignation from the National Assembly," and added, "This matter is not something to be politically responsible for but an incident that requires thorough investigation."

On the 26th, Kim Nam-guk, a member of the Democratic Party of Korea, posted on his Facebook criticizing Yoon Hee-sook, a member of the People Power Party. Photo by Kim.

Kim also called for additional investigations into real estate speculation. He emphasized, "Through a thorough investigation, it must be clearly revealed whether there was real estate speculation using the source of funds and undisclosed information," and "Furthermore, through a full-scale investigation, it should be confirmed whether there are more 'speculation experts' using undisclosed information at KDI."

Meanwhile, on the 25th, Yoon held a press conference to announce her withdrawal from the presidential race and resignation from the National Assembly following the full investigation by the Anti-Corruption and Civil Rights Commission into real estate transactions, which raised allegations of her father's violation of the Agricultural Land Act.

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