Police Request Arrest Warrant for Jeong Hyun-bok, Mayor of Gwangyang, Over Alleged Real Estate Speculation and Hiring Corruption
[Asia Economy Honam Reporting Headquarters Reporter Kim Chunsu] The police have requested an arrest warrant for Jeong Hyunbok, the former mayor of Gwangyang, Jeonnam, who has been accused of real estate speculation and personnel recruitment corruption.
According to the Jeonnam Police Agency on the 4th, the police applied charges including violation of the Anti-Corruption Act and abuse of authority against Mayor Jeong Hyunbok and requested an arrest warrant.
The police suspect that Mayor Jeong provided preferential treatment by obtaining internal information in advance regarding the construction of a road on land owned by his wife and son, as well as the alleged unfair hiring of relatives of close associates.
It is reported that Mayor Jeong denied most of the allegations.
The police conducted a search and seizure of Gwangyang City Hall and Mayor Jeong's residence in June and investigated about 30 officials and others.
Hot Picks Today
Up to 600 Million Won for Semiconductors, 160 Million Won Bonus for Loss-Making Non-Memory… Samsung Electronics Labor and Management Reach Tentative Deal on Unprecedented Performance Compensation (Comprehensive)
- "Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- [Exclusive] 450 Billion Won Korean Investment at Risk as Canadian PE Moves to Acquire US Ascend for $99.2 Million
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Mayor Jeong, who was diagnosed with blood cancer, has been on medical leave since March and has been traveling to and from Seoul for treatment.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
