Lee Jae-myung, the Democratic Party presidential candidate and governor of Gyeonggi Province, is taking the oath as a witness at the National Assembly Land, Infrastructure and Transport Committee's audit of Gyeonggi Province held at the Gyeonggi Provincial Government Office in Suwon, Gyeonggi Province on the 20th. Photo by the National Assembly Press Corps

Lee Jae-myung, the Democratic Party presidential candidate and governor of Gyeonggi Province, is taking the oath as a witness at the National Assembly Land, Infrastructure and Transport Committee's audit of Gyeonggi Province held at the Gyeonggi Provincial Government Office in Suwon, Gyeonggi Province on the 20th. Photo by the National Assembly Press Corps

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[Asia Economy Reporter Koo Chae-eun] On the 20th, Lee Jae-myung, the presidential candidate of the Democratic Party of Korea, commented on the National Assembly Land, Infrastructure and Transport Committee's audit held at Gyeonggi Provincial Government Office, saying, "Regarding Daejang-dong, the inquiries on the first day (the 18th, the Public Administration and Security Committee audit) were more disappointing than expected." He then criticized the People Power Party, saying, "It is not right to fabricate false facts to slander and attack under the guise of questioning. Because they make such one-sided and false claims, the truth keeps getting obscured."


After the Land, Infrastructure and Transport Committee audit was adjourned that morning, Lee told reporters, "Judging by how much the opposition party members were shouting, I thought it might be because their arguments lack legitimacy."


Regarding the opposition's claim that he was guilty of breach of trust because the working-level officials' proposal for a 'clawback clause on excess profits' during the Daejang-dong development was not accepted, Lee drew a line, saying, "As stated in the meeting minutes, there was no report at the time that the internal team rejected the proposal to claw back excess profits. It is not a matter for debate." He added, "People ask why it was done with fixed profits, but originally, when interest rates fall or are low, fixed interest rates are applied."



When asked about when he would resign from his position as governor after the audit, he replied, "I am considering it. I don't know yet. It is undecided."


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

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