Lee Jae-myung directly calls Kim Ki-hyun "the ringleader of a shameless band of thieves"

Lee Jae-myung "Everyone who profited from Hwacheondaeyu is People Power Party and speculative forces"

Democratic Party presidential candidate Lee Jae-myung, Governor of Gyeonggi Province, is announcing pledges related to Jeju at the Jeju Chamber of Commerce and Industry on the morning of the 27th. [Image source=Yonhap News]

[Asia Economy Reporter Kim Seohyun] Lee Jae-myung, the Democratic Party of Korea's presidential candidate and Governor of Gyeonggi Province, strongly criticized Kim Ki-hyun, the floor leader of the People Power Party, who has raised suspicions related to Hwacheon Daeyu Asset Management (Hwacheon Daeyu), calling him "like the ringleader of a shameless band of thieves."

At a press conference held on the 27th at the Jeju Chamber of Commerce and Industry International Conference Hall, Lee claimed, "The People Power Party has put up banners all over the country asking 'Whose is Hwacheon Daeyu?' but isn't Hwacheon Daeyu owned by the People Power Party and the construction forces colluding with them?"

He said, "Even though they knew that Assemblyman Kwak Sang-do's son received a retirement payment of 5 billion won, they lied saying he was only receiving a monthly salary of 2.5 to 3 million won while attacking me," emphasizing, "Everyone who profited from Hwacheon Daeyu is from the People Power Party and speculative forces."

He continued, "The people are not that foolish. Covering the sky with your palm does not make the sky disappear. Kim Ki-hyun, the floor leader of the People Power Party, the party leadership, and those who claim to be presidential candidates should all sincerely apologize," adding, "More related people will come out from the People Power Party. Do you think it's only those two (former Future Korea Party leader Won Yoo-chul and Assemblyman Kwak Sang-do)?"

Lee referred to former President Lee Myung-bak as the "originator of construction corruption," saying, "Former President Lee, who came from the construction business, ordered the public sector to completely withdraw from projects that could be developed by the private sector. The president, LH, and construction forces tried to monopolize unfair profits through private development."

He added, "What the People Power Party lawmakers in Seongnam City did from 2010 to 2014 was solely to block public development," and criticized, "Political power and construction forces colluded to steal all the unearned income from development, and then they blame those who tried hard to stop it by asking why they couldn't stop more. This is the height of hypocrisy. The actions of the People Power Party are exactly like a band of thieves."

Regarding the push for a special prosecutor investigation related to Hwacheon Daeyu, he said, "The opposition party's call for a special prosecutor is a trick to buy time," and responded, "This is an issue currently under investigation, which is fundamental to national governance, but they continue to distort facts and attack through political offensives. This looks like a stalling tactic by entrenched corrupt forces who have done this many times before."

Lee sarcastically remarked, "This time, the People Power Party and conservative media have done a great job," saying, "They have blatantly shown how political power and real estate speculation forces collude, how easily they obtain unfair profits, and how it affects the lives of the people."

He concluded by emphasizing, "I will definitely create a society where people work honestly and are respected, and where there is no unearned income from real estate."

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