Prosecutors Request Arrest Warrant for Assemblyman Jeong Chan-min on Bribery Charges

Jeong Chan-min, Member of the People Power Party [Photo by Yonhap News]

[Asia Economy Reporter Kim Daehyun] The prosecution has requested an arrest warrant for People Power Party lawmaker Jeong Chan-min on charges of receiving undue benefits by providing permit conveniences to a housing construction developer while serving as mayor of Yongin, Gyeonggi Province.

On the 16th, the Criminal Division 6 of Suwon District Prosecutors' Office (Chief Prosecutor Kim Byeong-mun) filed an arrest warrant request against Rep. Jeong on charges of bribery under the Special Act.

Earlier, Rep. Jeong is accused of providing permit conveniences to developer A while promoting housing construction in the Giheung District area of Yongin City from 2014 to 2018 during his tenure as mayor, and receiving compensation in return.

It was investigated that Rep. Jeong purchased land near the development site under a borrowed name at a price lower than the initial purchase price by developer A, and when the land price rose, he gained more than 1 billion KRW in capital gains. From developer A's perspective, by paying a "geuphaengryo" (a fee given to the person in charge for expedited processing), they were able to obtain permits quickly, significantly saving on loan interest and other costs.

For the arrest warrant against sitting lawmaker Jeong to be executed, the consent of the National Assembly is required. The court sends a request for consent to the Ministry of Justice, and the National Assembly must pass a resolution on the consent to arrest through a vote. Meanwhile, in the 21st National Assembly, two lawmakers have been arrested: Rep. Jeong Jeong-sun of the Democratic Party and Rep. Lee Sang-jik, an independent.

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