'Son's Retirement Pay 5 Billion Won' Rep. Kwak Leaves People Power Party on 26th
Lee: "People Power's Construction Corruption Connection Remains Unchanged"

Gwak Sang-do, a member of the People Power Party, who was revealed to have received a large retirement payment from Hwacheon Daeyu through his son, submitted his resignation on the 26th. <br>[Image source=Yonhap News]

Gwak Sang-do, a member of the People Power Party, who was revealed to have received a large retirement payment from Hwacheon Daeyu through his son, submitted his resignation on the 26th.
[Image source=Yonhap News]

View original image


[Asia Economy Reporter Kim Soyoung] Gwak Sang-do, a member of the People Power Party, resigned from the party amid controversy over his son's 5 billion KRW retirement pay from Hwacheon Daeyu. In response, Lee Jae-myung, Governor of Gyeonggi Province, criticized him as "not being dignified."


On the evening of the 26th, Lee posted on his Facebook under the title "Gwak Sang-do's Resignation? Even if you cut off the tail, a lizard is still a lizard," calling it "a cowardly trick to avoid the pouring criticism."


He directly attacked, "Until this morning, Gwak Sang-do claimed absurdly that it was his son's issue and unrelated to himself, but suddenly submitted his resignation. No matter how much he struggles, he cannot escape."


He continued, "The corruption within the People Power Party is not being concealed. The construction corruption connections within the People Power Party remain unchanged," and argued, "Is it only about Gwak Sang-do's 5 billion KRW bribery suspicion? The reality of the corruption is beginning to be revealed, and the reason why the People Power Party obstructed Lee Jae-myung and the complete public development of Daejang-dong is coming together like a puzzle."


He urged, "Thorough investigation is necessary. The truth must be uncovered to expose the corruption of the group that exploited unearned income in detail."


He also raised his voice, saying, "I officially demand the People Power Party and presidential candidates to publicly apologize to the people. They must take responsibility for the irresponsible political attacks against me without fact-checking."


Lee stated, "I will definitely introduce a public recovery system for development profits. The era when vested interests colluded to exploit unearned income and sweep away opportunities in our society will now end."


Lee Jae-myung, the Democratic Party presidential primary candidate, is being interviewed after the announcement of the Democratic Party presidential candidate Gwangju-Jeonnam primary results held at the Kim Dae-jung Convention Center in Gwangju on the afternoon of the 25th. <br>[Image source=Yonhap News]

Lee Jae-myung, the Democratic Party presidential primary candidate, is being interviewed after the announcement of the Democratic Party presidential candidate Gwangju-Jeonnam primary results held at the Kim Dae-jung Convention Center in Gwangju on the afternoon of the 25th.
[Image source=Yonhap News]

View original image


On the same day, Kim Ki-hyun, floor leader of the People Power Party, held an emergency supreme council meeting at the National Assembly main building's floor leader's office and told reporters, "I have received a report that Representative Gwak submitted his resignation to the Daegu City Party of the People Power Party."


He added, "Whether Representative Gwak has legal responsibility will be revealed during the special prosecutor's investigation process, but regardless of that, the People Power Party feels a heavy sense of responsibility for his political accountability as a public figure."



He emphasized, "The Daejang-dong gate is the largest development corruption since the founding of the nation aimed at embezzling ordinary citizens' pre-sale payments, and all suspicions must be clearly uncovered, regardless of party affiliation."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing