[Breaking News] Arrest Warrant for Kwak Sang-do Over Son's 5 Billion Won Retirement Pay Rejected

Constitutional Reporter = Former People Power Party lawmaker Kwak Sang-do, who has been accused of assisting developers in Daejang-dong and receiving 5 billion KRW through his son, is leaving the courtroom after attending a pre-arrest detention hearing at the Seoul Central District Court in Seocho-gu, Seoul, on the morning of the 1st.
[Image source=Yonhap News]

[Asia Economy Reporter Kim Daehyun] The arrest warrant for former People Power Party lawmaker Kwak Sang-do, who became embroiled in controversy after his son received a large retirement payment from Hwacheon Daeyu Asset Management (Hwacheon Daeyu), the developer of the Daejang-dong project, has been dismissed.

On the afternoon of the 1st, Seo Bomin, the chief judge in charge of warrants at the Seoul Central District Court, dismissed the arrest warrant requested by the prosecution against former lawmaker Kwak. Judge Seo stated, "There is room for dispute regarding the establishment of the crime, and it appears necessary to guarantee the suspect's right to defense. However, the prosecution's explanation regarding the grounds, necessity, and reasonableness of detention is insufficient."

After the detention hearing (warrant review) on the same day, former lawmaker Kwak, who was waiting at Seoul Detention Center, was immediately released.

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