Kim Man-bae, Nam Wook, and Jung Young-hak Assigned to Judge Yoodong-gyu's Court... Likely to be Consolidated Trial

Seoul Central District Court Corruption Task Force Criminal Division 22

From the left, Hwacheon Daeyu major shareholder Kim Man-bae, lawyer Nam Wook, and lawyer Jeong Min-yong.

[Asia Economy Reporter Choi Seok-jin, Legal Affairs Specialist] The cases of Kim Man-bae, the major shareholder of Hwacheon Daeyu, lawyer Nam Wook, owner of Cheonhwa Dongin No. 4, and accountant Jeong Young-hak, owner of Cheonhwa Dongin No. 5, who were indicted on the 22nd on charges including breach of trust under the Specific Economic Crimes Act related to the Daejang-dong development lobbying and preferential treatment allegations, have been assigned to the court handling the case of former Seongnam Urban Development Corporation Planning Director Yoo Dong-gyu.

On the afternoon of the same day, the Seoul Central District Court assigned the cases of Kim, lawyer Nam, and accountant Jeong to the Anti-Corruption Division, Criminal Division 22 of the Seoul Central District Court (Presiding Judge Yang Cheol-han).

Criminal Division 22 is currently handling the trial of former Director Yoo, who was detained and indicted last month. Former Director Yoo is scheduled for his first trial on the 24th.

Since former Director Yoo and Kim, among others, were indicted respectively as joint perpetrators of breach of trust and as necessary accomplices for bribery and bribery offering charges, the court is highly likely to consolidate the cases of Kim and the other three with former Director Yoo’s case for efficiency in trial proceedings.

Therefore, there is speculation that the first trial of former Director Yoo, scheduled for the 24th, may be postponed again.

The dedicated investigation team of the Seoul Central District Prosecutors' Office (Team Leader Kim Tae-hoon, 4th Deputy Prosecutor) indicted Kim and lawyer Nam on charges including breach of trust, bribery offering, and embezzlement under the Specific Economic Crimes Act on the same day. Accountant Jeong, who cooperated with the prosecution’s investigation, was only charged with breach of trust under the Specific Economic Crimes Act.

According to the prosecution, they are suspected of conspiring with former Director Yoo, lawyer Jeong Min-yong, former head of the Strategic Business Office at Seongnam Urban Development Corporation, to ensure that Hwacheon Daeyu received huge profits, thereby causing losses to the corporation.

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