Yoo Dong-gyu, former Planning Director of Seongnam Urban Development Corporation [Image source=Yonhap News]

Yoo Dong-gyu, former Planning Director of Seongnam Urban Development Corporation [Image source=Yonhap News]

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[Asia Economy Reporter Kim Daehyun] Yoo Dong-gyu, former head of planning at Seongnam Urban Development Corporation and a key figure in the 'Daejang-dong development preferential treatment' allegations, has filed a detention review petition with the court. A detention review is a procedure where a suspect, who has been issued an arrest warrant during the investigation phase, requests the court to reconsider the decision.


On the 18th, Yoo's legal team submitted the detention review petition to the Seoul Central District Court. The review will be handled by the Criminal Appeals Division 8-3 of the Seoul Central District Court (Chief Judge Jang Yoon-seon, Judges Kim Yeyeong and Jang Seonghak) at 2:10 PM on the 19th.


On the day, Yoo's defense attorney stated, "There was no bribery as mentioned in the arrest warrant's criminal facts, nor any breach of trust such as manipulation during consortium selection or deletion of the excess profit recovery clause," adding, "The prosecution's evidence is insufficient, and concerns about flight risk and evidence destruction have effectively disappeared due to cooperation with the investigation after detention," explaining the reasons for the petition.


Earlier this month, the court conducted a pre-arrest hearing (warrant review) for Yoo on charges including breach of trust under the Act on the Aggravated Punishment of Specific Economic Crimes and bribery under the same act, and issued an arrest warrant citing "concerns about evidence destruction and flight risk."


Yoo is accused of deleting the excess profit recovery clause in the Daejang-dong development project while working at Seongnam Urban Development Corporation, allowing private developers to gain enormous profits, and receiving bribes worth hundreds of millions of won from Kim Man-bae, major shareholder of Hwacheon Daeyu, Jeong Jae-chang, a private developer in Wirye New Town, and the representative of Namo Civil Engineering Construction company.



Meanwhile, the Seoul Central District Prosecutors' Office's dedicated investigation team plans to indict Yoo on the 20th, when his detention period expires. This marks the first case of sending a key figure related to the major case to trial since the dedicated investigation team was formed and began the investigation.


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

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