Gyeongsan City Election Commission Files Complaint Against Local Election Candidates for Violating Political Funds Act

Donation of 10 Million Won in Someone Else's Name

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[Asia Economy Yeongnam Reporting Headquarters, Trainee Reporter Lee Seryeong] The Gyeongsan City Election Commission in Gyeongbuk reported Mr. A, who is scheduled to run in the local elections, to the Daegu District Prosecutors' Office on the 20th for allegedly donating to a local member of the National Assembly under another person's name.

The Election Commission stated that Mr. A donated a total of 10 million KRW to a local National Assembly member's support committee under another person's name around last November, violating the Political Funds Act's prohibition on donations under another person's name and the donor's contribution limit regulations.

Article 2 (Basic Principles) and Article 48 (Neglect of Supervisory Duty) of the Political Funds Act specify that political funds cannot be donated under another person's name or a pseudonym, and violators are subject to a fine of up to 2 million KRW.

Article 11 (Donor Contribution Limits) and Article 45 (Illegal Receipt of Political Funds) of the same law stipulate that a donor's annual contribution limit to a single National Assembly member's support committee is 5 million KRW, and violating this by donating support funds is punishable by imprisonment of up to 5 years or a fine of up to 10 million KRW.

A Gyeongbuk Election Commission official said, "For the development of a mature political culture in the Republic of Korea, the culture of donating political support funds should be activated, but when donating support funds, one must check the donation methods and limits under the Political Funds Act to prevent illegal activities."

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