[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Kim Hyung-min] The prosecution, investigating allegations of preferential treatment and lobbying in the Daejang-dong development project, is reportedly reviewing an arrest warrant for Yuhan-gi, former Head of Development Projects at Seongnam Urban Development Corporation (66, currently President of Pocheon Urban Corporation). Since Yuhan-gi denies multiple allegations, there is speculation that an arrest warrant may be requested due to concerns over evidence tampering.


According to the legal community on the 8th, the dedicated investigation team at the Seoul Central District Prosecutors' Office (led by Deputy Chief Prosecutor Kim Tae-hoon) summoned former Head Yuhan-gi again as a suspect and questioned him until past midnight the previous day.


The prosecution is said to have reconfirmed with former Head Yuhan-gi the circumstances under which he received 200 million won from private contractors of Daejang-dong as a lobbying fee for the Hangang River Basin Environmental Office, as well as the circumstances pressuring Hwang Moo-sung, the first president of the corporation, to resign.



The prosecution also summoned Yang Mo, former Executive Director of Hwacheon Daeyu, who is known to have received about 10 billion won in performance bonuses from Hwacheon Daeyu, as a witness the previous day. The prosecution reportedly confirmed with former Executive Director Yang the circumstances under which he received the large performance bonuses and how Byeong-chae, son of former lawmaker Kwak Sang-do, received 5 billion won in retirement pay as a regular employee.


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

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