Lee Jong-bae "Signed Daejang-dong official documents 10 times"... Lee Jae-myung's side "Just official administrative procedures"

Democratic Party presidential candidate Lee Jae-myung personally signed an official document related to the Daejang-dong development project in November 2016 when he was the mayor of Seongnam City.
[Image source: Office of Assemblyman Lee Jong-bae]

[Asia Economy Reporter Kim Suhwan] It has been confirmed that Lee Jae-myung, the Democratic Party presidential candidate, signed internal documents related to the Daejang-dong development plan at least 10 times during his tenure as mayor of Seongnam.

According to materials submitted by Lee Jong-bae, a member of the People Power Party, from Seongnam City on the 16th, Lee signed as the final approver 10 times on official documents containing detailed information about the Daejang-dong development project from 2014 to 2016, when he was mayor of Seongnam.

The list includes documents from the early stages of the project such as the "Report on the Promotion Plan for Designating Urban Development Zones" to key procedural documents like the "Notice of Establishment of Urban Development Zone Development Plan" and "Report on Amendments."

In particular, the February 2015 document titled "Review Report on Approval of Investment in Other Corporations" contained content stating that investment by Seongnam-e Deul (SPC) was necessary "to prevent the private sector from excessively prioritizing profits."

Lee Jong-bae pointed out that although Lee Jae-myung anticipated excessive profits by private operators, he seemingly turned a blind eye as the clause for recovering excess profits was later removed.

Lee said, "There may be more documents signed by the candidate," adding, "If the approval line at Seongnam City Hall received reports on the preferential treatment of Hwacheon Daeyu one by one, it would be difficult to avoid charges of breach of trust."

Lee Jae-myung’s camp rebutted, stating that it is a natural procedure for the mayor’s signature to be on administrative documents issued by the city.

A representative from Lee’s camp said, "The Daejang-dong project is not a corrupt project, and there is no problem with approving official administrative reports," adding, "It is like criticizing someone for breathing."

They further criticized, saying, "It is the People Power Party that worked to monopolize profits through private development," and "They are completely off the mark."

[Image source=Yonhap News]

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