"Wirye New Town, a Copy of Daejang-dong Scandal" Raises Concerns

Kim Ki-hyun, floor leader of the People Power Party, is attending the Supreme Council meeting held at the National Assembly on the 27th and delivering an opening remark. Photo by Yoon Dong-joo doso7@

Kim Ki-hyun, floor leader of the People Power Party, is attending the Supreme Council meeting held at the National Assembly on the 27th and delivering an opening remark. Photo by Yoon Dong-joo doso7@

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[Asia Economy Reporter Hyunju Lee] On the 27th, Kim Ki-hyun, floor leader of the People Power Party, urged the Democratic Party of Korea to actively cooperate with the special prosecutor and national audit regarding the Daejang-dong development suspicion, stating, "The People Power Party remains unwavering in the principle that anyone responsible for this case, regardless of status or party affiliation, must be held accountable."


At the Supreme Council meeting held that day, Floor Leader Kim stated, "No one, including Gyeonggi Province Governor Lee Jae-myung and Assemblyman Kwak Sang-do, is exempt."


He warned, "Governor Lee should not hide behind the scenes and stall for time without expressing his willingness to undergo a thorough investigation by a special prosecutor with fairness and expertise," emphasizing, "If the Democratic Party continues to evade the special prosecutor and national audit as they are now, they will be branded as accomplices in the unprecedented get-rich-quick corruption case."


Floor Leader Kim also pointed out, "Before the Pangyo Daejang-dong development, suspicions arose that the 2013 Seongnam Wirye New Town development project was a scaled-down version of the Daejang-dong development project," adding, "The biggest common denominator is then Seongnam Mayor Lee Jae-myung."


He criticized, "There are even talks that a certain group, after making a profit once in Wirye New Town, expanded the scale and made an unprecedented get-rich-quick scheme up to Daejang-dong," and questioned, "Candidate Lee Jae-myung, is this a coincidence? How can you explain the astonishing coincidence that repeated during Lee Jae-myung’s tenure?"



Furthermore, he said, "The cause of such absurd preferential profit is believed to lie in the highly arbitrary profit distribution design by the person in charge when the development project initially started," and added, "The person who designed it, the one who designed the entire project, has been revealed to be Lee Jae-myung himself. If so, under no circumstances can he be exempt from responsibility for this unprecedented get-rich-quick case, nor can he shift the blame to others."


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

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