Two Presidential Candidates Clashed at the National Audit... Sim Sang-jung Says "Should Have Pursued Public Interest More," Lee Jae-myung Claims "Recovered 550 Billion Won"

[Image source=Yonhap News]

[Asia Economy Reporter Naju-seok] At the National Assembly Land, Infrastructure and Transport Committee's audit of Gyeonggi Province, Lee Jae-myung, the Democratic Party presidential candidate, and Sim Sang-jung, the Justice Party presidential candidate, clashed over the Daejang-dong development allegations. Sim, who questioned as a member of the Land Committee, asked Lee, the governor of Gyeonggi Province, about his responsibility regarding the Daejang-dong development allegations. Lee responded by citing a recovery performance worth 550 billion won.

On the 20th, during the audit held at the Gyeonggi Provincial Government Office, Sim pointed out, "There is a large gap between the public's perception and Lee's position regarding the Daejang-dong development project."

He said, "According to the project proposal, when including the apartment sales business, it amounts to about 1.8 trillion won, but it seems that it was limited to land lots to minimize Seongnam City's profits," adding, "Even if limited to the land lot business, public interest should have been strongly pursued."

[Image source=Yonhap News]

Sim criticized, "They are obsessed with small guaranteed profits, saying 'Isn't this something?' but they give all the seats to the big thieves and say 'Isn't this something?' I understand it that way," and added, "One citizen said, 'The person who received the money is a corporation, but the one who designed it is a sinner,' so please say it like that."

In response, Lee said, "2015 was when unsold housing surged," and "The decision was made in February 2015. Saying that housing prices would skyrocket and therefore it should be sold shows a lack of understanding of the situation at that time." Regarding the criticism of small guaranteed profits, he rebutted, "I find it hard to agree that the 550 billion won recovery amount is a small guaranteed profit," and added, "In the history of local administration in South Korea, there has been no case of recovering amounts in the 100 billion won range through public-private joint development."

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