Prosecution Detains Key Figure Yoo Dong-gyu in 'Daejang-dong' Scandal at Seoul Detention Center... Additional Investigation Tomorrow

Following the Execution of the Arrest Warrant, a Detention Warrant Is Likely to Be Requested

Yoo Dong-gyu, former Planning Director of Seongnam Urban Development Corporation.

[Asia Economy Reporter Choi Seok-jin, Legal Affairs Specialist] On the 1st, the prosecution arrested Yoo Dong-gyu, the former Planning Director of Seongnam Urban Development Corporation and a key figure in the 'Daejang-dong Development Project Favoritism' suspicion, and after questioning him, detained him at Seoul Detention Center.

On the 2nd, the prosecution is conducting additional investigations on former Director Yoo and is expected to continue questioning him while holding him in custody after filing a detention warrant.

The Seoul Central District Prosecutors' Office’s ‘Daejang-dong Development Suspicion Case Special Investigation Team (Team Leader Deputy Chief Prosecutor Kim Tae-hoon)’ arrested former Director Yoo at 9:26 a.m. after he finished treatment at a hospital emergency room, questioned him for about 12 hours, and then detained him at Seoul Detention Center.

The investigation team plans to continue questioning former Director Yoo on the 2nd.

Former Director Yoo, who was scheduled to appear at the prosecution at 10 a.m. that day, complained of abdominal pain in the morning, visited the emergency room, and requested to postpone his appearance by one hour.

Fearing that former Director Yoo might not comply with the summons, the prosecution obtained an arrest warrant from the court and arrested him as he left the hospital after treatment, then transferred him to the Seoul Central District Prosecutors' Office.

Considering circumstances such as former Director Yoo’s attempt to destroy his mobile phone during the prosecution’s recent search, there is growing likelihood that the prosecution will file a detention warrant against him.

Known as a close aide to Gyeonggi Province Governor Lee Jae-myung, former Director Yoo served as acting president of Seongnam Urban Development Corporation in 2014 when the Daejang-dong development project was in full swing, and is reported to have led the selection of business operators and the design of the profit distribution structure.

Jung Young-hak, an accountant and owner of Cheonhwa-dongin No. 5, a subsidiary of Hwacheon Daeyu, recently submitted 19 recorded files containing phone calls and conversations between Hwacheon Daeyu major shareholder Kim Man-bae and former Director Yoo to the prosecution.

These recordings reportedly include details about the nominal ownership of Cheonhwa-dongin, methods of cashing out nominal shares, and circumstances indicating that a substantial amount of profits was delivered to former Director Yoo.

With the prosecution securing the custody of a key suspect just one day after the search and seizure, the investigation is accelerating, and summons and questioning of other related parties are expected to proceed rapidly.

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