Lee Jae-myung: "There Were Three Opportunities to Prevent the Daejang-dong Scandal... Yoon Seok-yeol's Inadequate Investigation Also a Cause"

Gyeonggi Province Governor Lee Jae-myung is attending and responding at the National Assembly Public Administration and Security Committee's audit on the 18th.

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Lee Jae-myung, the Democratic Party presidential candidate and Governor of Gyeonggi Province, lamented, "There were three opportunities to prevent the Daejang-dong scandal, but all were missed."

Lee particularly blamed the People Power Party for missing all three opportunities, asserting that the first chance was lost because Yoon Seok-yeol, the People Power Party candidate, conducted a negligent investigation while serving as a prosecutor.

On the 18th, Lee appeared as a witness at the National Assembly's Public Administration and Security Committee's audit of Gyeonggi Province held at the new building of the Gyeonggi Provincial Government. He said, "As you know well, I was once detained in 2002 due to the Parkview land-use change case," and revealed, "At that time, I was really surprised to learn that you could make thousands of billions of won through project financing (PF) without spending a single penny."

He continued, "I went to graduate school to study the structure (and issues) of PF and researched corruption," adding, "But the Daejang-dong development was a perfect copy of (Parkview)."

He then drew attention by explaining that there were three opportunities to prevent the Daejang-dong scandal.

Lee first said, "At the time, LH was developing the area, but how could investors have the guts to borrow over a hundred billion won from savings banks and buy all the land? I really couldn't understand it," and revealed, "It was a clear case of reckless lending, but Yoon Seok-yeol, then the lead prosecutor, excluded this (reckless lending) part during the investigation."

According to Lee, if the investigation had been properly conducted then, the investors causing the current problems would have been dismantled, and the Daejang-dong scandal would not have occurred.

He also pointed out, "When the savings bank (Daejang-dong reckless lending) case became an issue again and the Suwon District Prosecutors' Office started an investigation, it would have been good if they had properly caught them then, but once again, an opportunity was missed."

Finally, he claimed, "If the People Power Party had not blocked the public development of Daejang-dong by setting the party's stance (for private development) when Seongnam City was promoting public development, Daejang-dong would have been publicly developed, and in that case, all (investors) would have been dismantled."

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