Arrest Warrant Issued for Broker Who Helped Select Contractor and Pocketed 200 Million Won in Gwangju Collapse Disaster View original image

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] The police have applied for an arrest warrant for a broker in his 60s who received bribes and intervened in the selection process of demolition companies related to the Gwangju Hakdong 4 District redevelopment project.


The Anti-Corruption Economic Crime Investigation Unit of the Gwangju Police Agency announced on the 6th that it has applied for an arrest warrant for broker A (61) on charges of assisting in the selection of companies in exchange for money (bribery after misconduct) at the project site.


A, who was an executive of the redevelopment association, is treated as a public official in the case of illegal receipt of money and goods, so he is prosecuted for the heavier charge of bribery rather than breach of trust.


A is accused of colluding with former 5·18 Detained and Injured Association Chairman Moon Heung-sik in 2019 to receive more than 200 million won in bribes from two demolition companies and assist in concluding business contracts.


There are a total of four brokers revealed so far in connection with this redevelopment project, and in terms of the amount of illicit funds received, A ranks third.


The pre-arrest suspect interrogation (warrant substantive hearing) for A will be held at the Gwangju District Court on the 7th.


Meanwhile, the police are also reviewing the detention of another broker and are currently coordinating opinions with the prosecution.





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

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