Core Figure Nam Wook in 'Daejang-dong Scandal' Expected to Return Early Next Week... Coordinating Schedule with Prosecutors View original image

[Asia Economy Reporter Kim Hyung-min] Nam Wook, a key figure in the Daejang-dong development favoritism and lobbying allegations, is expected to return to Korea early next week to undergo prosecution investigation.


According to the prosecution on the 14th, the large law firm representing Nam Wook recently submitted a notice of attorney appointment to the Seoul Central District Prosecutors' Office. Since then, the prosecution has been coordinating the specific arrival date of Nam and his attorney. It is reported that the prosecution requested him to return within next week if possible. The prosecution plans to take custody of Nam immediately upon his arrival at Incheon International Airport and begin the investigation.


Nam Wook has been known as the leading figure in the Daejang-dong development project since 2009, drawing attention. At that time, when the Korea Land and Housing Corporation (LH) was promoting public development of Daejang-dong, he was indicted for receiving money along with a request from the real estate development company to help convert it into private development. After LH gave up on public development, he purchased surrounding land for private development and directly persuaded landowners.


In 2014, when then Seongnam Mayor Lee Jae-myung changed the project to a public-private joint development, Nam participated in the development project company along with Kim Man-bae, the major shareholder of Hwacheon Daeyu, and received dividends of about 100.7 billion KRW.



He left the country just before the Daejang-dong allegations fully surfaced and stayed in the United States with his family, but recently decided to return as the prosecution investigation intensified. He also actively responded to various allegations in a recent interview with jtbc.


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

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