Prosecution summons Kim Man-bae for second investigation after detention... Gwak Sang-do and Park Young-soo investigations also imminent

[Image source=Yonhap News]

[Asia Economy Reporter Kim Hyung-min] The prosecution, investigating allegations of preferential treatment and lobbying in the Daejang-dong development project, summoned Kim Man-bae, the major shareholder of Hwacheon Daeyu, for the second time after his detention on the 12th.

The dedicated investigation team of the Seoul Central District Prosecutors' Office (led by Deputy Chief Prosecutor Kim Tae-hoon) summoned Kim, who is currently detained at Seoul Detention Center, in the afternoon to intensively question him about the alleged breach of trust in the Daejang-dong project and the involvement of higher-ups such as Seongnam City.

Kim was detained on the 4th and underwent one interrogation by the prosecution on the 8th. He did not comply with the prosecution's summons on the 10th and 11th due to health reasons.

Earlier, the prosecution extended the detention period of Kim and Nam Wook, the owner of Cheonhwa Dongin No. 4, who was detained together with him. It is expected that after conducting supplementary investigations before the detention expires on the 22nd of this month, they will be indicted.

Kim and lawyer Nam are accused of conspiring with former Seongnam Urban Development Corporation Planning Director Yoo Dong-gyu, accountant Jeong Young-hak, and others to ensure that Hwacheon Daeyu received huge profits, thereby causing losses to the corporation.

The prosecution plans to soon intensify investigations into former lawmaker Kwak Sang-do, former special prosecutor Park Young-soo, former Supreme Court Justice Kwon Soon-il, and others regarding the so-called "50 Billion Club" allegations, which involve receiving or promising to receive large sums from Hwacheon Daeyu.

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