Prosecutors to Indict 'Daejang-dong Keyman' Yoo Dong-gyu This Week

Published 17 Oct.2021 09:24(KST)

The decision on whether to detain Yoo Dong-gyu, former Planning Director of Seongnam Urban Development Corporation, who is at the center of the preferential treatment allegations in the Daejang-dong development in Seongnam City, Gyeonggi Province, will be made on the 3rd. Attorney Kim Guk-il, who is representing former Director Yoo, is entering the Seoul Central District Court. Photo by Moon Ho-nam munonam@

[Asia Economy Reporter Jin-ho Kim] The prosecution is set to bring Yoo Dong-gyu, the former Planning Director of Seongnam Urban Development Corporation and a key figure in the Daejang-dong development preferential treatment scandal, to trial.

According to the legal community on the 17th, the Seoul Central District Prosecutors' Office special investigation team plans to indict Yoo, who is currently detained, on the 20th when his detention period expires. This marks the first case of sending a major suspect to trial since the special investigation team was formed and began its investigation.

At the time of Yoo's detention, the prosecution applied charges of breach of trust under the Act on the Aggravated Punishment of Specific Economic Crimes and bribery under the same act. The allegations include deleting the clause for recovering excess profits from the Daejang-dong development project while working at Seongnam Urban Development Corporation, which resulted in massive profits for private developers, and receiving bribes worth hundreds of millions of won from Kim Man-bae, the major shareholder of Hwacheon Daeyu, Jeong Jae-chang, a private developer in Wirye New Town, and Na, the head of a civil engineering construction company.