Democratic Party presidential candidate Kim Du-gwan held a meeting with officials during his visit to the Korea Industrial Complex Corporation Gyeongbuk Regional Headquarters in Gumi, Gyeongbuk, on the morning of the 12th. [Image source=Yonhap News]

Democratic Party presidential candidate Kim Du-gwan held a meeting with officials during his visit to the Korea Industrial Complex Corporation Gyeongbuk Regional Headquarters in Gumi, Gyeongbuk, on the morning of the 12th. [Image source=Yonhap News]

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[Asia Economy Reporter Kim Soyoung] Kim Doo-kwan, a presidential candidate from the Democratic Party of Korea, issued a strong statement regarding the resignation proposal of Yoon Hee-sook, a member of the People Power Party who is under suspicion of real estate speculation, saying, "The resignation proposal must be processed immediately. Those who oppose it will be regarded as the ruling elite who benefit from the speculative republic."


On the 29th, Kim posted on his Facebook under the title "Who is calculating the resignation proposal of Yoon Hee-sook? It must be processed immediately," stating, "The public is watching. If you prioritize party interests and factional benefits over real estate speculation, defeat in the presidential election awaits."


He argued, "There should be no calculations. Since Representative Yoon Hee-sook has effectively admitted her father's real estate speculation and expressed her intention to resign, it must be promptly accepted," adding, "Since she has expressed her wish, she should be allowed to be investigated as a civilian."


He continued, "The fundamental reason why real estate speculation is not eradicated is the corruption of the ruling elite and the institutional unfairness created by the ruling elite for themselves," pointing out, "They have created extremely lax systems and countless loopholes to escape even those."


He emphasized, "Look at the groups silent on the KDI full investigation request. Real estate speculation will never be completely eradicated without reforming the ruling elite," and added, "The first step to eradicating real estate speculation and abolishing the privileges of the ruling elite is processing the resignation proposal of Representative Yoon Hee-sook."


Referring to Min Hyung-bae, a fellow party member and head of the strategy headquarters for Lee Jae-myung's campaign, he said, "I hope this is not a political judgment to protect a camp member," and stated, "This is a golden opportunity to eradicate the real estate speculation forces lurking like cancer cells across both ruling and opposition parties and to restore the public's trust."



Earlier, Min posted on his Facebook, saying, "There is no need to rush the resignation from the National Assembly, nor should it be rushed," and explained, "If a public official is suspected of misconduct, the principle is to either be cleared through investigation or, if the allegations are proven, to receive disciplinary action before the resignation is accepted."


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

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