Police Summon Seongnam Urban Development Corporation Director as Witness in 'Daejang-dong Allegations' Case

[Image source=Yonhap News]

[Asia Economy Reporter Lee Gwan-joo] The police investigating the preferential treatment allegations in the Daejang-dong development project in Seongnam, Gyeonggi Province, have summoned and questioned an official from Seongnam Urban Development Corporation.

The dedicated investigation team of the Gyeonggi Nambu Police Agency summoned Mr. A, a director at Seongnam Urban Development Corporation, on the 6th as a witness for questioning. Mr. A was reportedly questioned regarding his role in reviewing the feasibility of the project during the initiation phase of the Daejang-dong development project.

The police have been summoning and questioning executives and employees of Seongnam Urban Development Corporation one after another. It is also known that Mr. B, the team leader who was in charge of the practical work of the Daejang-dong development project, has been questioned by the police.

Furthermore, the police plan to summon Mr. Lee Han-seong, CEO of Cheonhwa-dongin No. 1, a subsidiary of Hwacheon Daeyu Asset Management (Hwacheon Daeyu), in the near future.

The dedicated investigation team is currently investigating two complaint cases, including suspicious financial flows related to Hwacheon Daeyu reported by the Financial Intelligence Unit (FIU), allegations of preferential treatment in the Daejang-dong development project, and the 5 billion KRW retirement payment received by the son of Assemblyman Kwak Sang-do.

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