"‘Daejang-dong Scandal’ Distorted Through Kim Man-bae's Words"
"If Yoon Wins, Seongnam Mayor and Legal Broker May Face Severe Punishment"
"Democratic Party Always Brings Only Those Involved in Recorded Crime"

Lee Jun-seok, leader of the People Power Party, is attending the expanded election countermeasures headquarters meeting held at the National Assembly on the 7th and delivering opening remarks. Photo by Yoon Dong-joo doso7@

Lee Jun-seok, leader of the People Power Party, is attending the expanded election countermeasures headquarters meeting held at the National Assembly on the 7th and delivering opening remarks. Photo by Yoon Dong-joo doso7@

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[Asia Economy Intern Reporter Kim Jung-wan] Lee Jun-seok, the leader of the People Power Party, sharply criticized the Democratic Party of Korea and presidential candidate Lee Jae-myung for their offensive targeting of candidate Yoon Seok-youl by mentioning the 'Kim Man-bae recording' report related to the Daejang-dong scandal, calling it "the pot calling the kettle black."


At the expanded election countermeasures headquarters meeting held at the National Assembly on the 7th, Lee said, "They are committing the exact pot calling the kettle black that matches the level of candidate Lee Jae-myung, who caused diplomatic embarrassment with the internet discourse blaming Ukraine for Russia starting the war."


Earlier, Newstapa reported a recording in which Kim Man-bae, the major shareholder of Hwacheon Daeyu, the Daejang-dong project operator, mentioned that he "resolved the Busan Savings Bank case through lawyer Park Young-soo and Yoon Seok-youl, who was then a prosecutor at the Supreme Prosecutors' Office's Criminal Investigation Department."


In response, candidate Lee shared the article link on his Facebook, appealing, "Please widely share this. This vivid reality of shameless audacity..."


Lee Jun-seok pointed out, "The incident where candidate Lee, during his time as mayor of Seongnam, acquired Seongnam land through the Seongnam Urban Development Corporation and gave enormous profits to private businessmen is being distorted through the words of Kim Man-bae, who was arrested in connection with this case," adding, "Candidate Lee is spreading this as if it were good."


He further stated, "If candidate Yoon is elected, investigative agencies will not exert undue pressure while investigating the Daejang-dong case, and when that happens, the incompetent and corrupt mayor of Seongnam and the legal brokers are highly likely to face severe punishment."


Lee said, "Therefore, they are uniting to spread the words of loan brokers, who are also subject to punishment," criticizing, "I really wonder why the Democratic Party always brings only the testimonies of those involved in crimes, even when they have recordings."


He emphasized, "For crimes of this kind, the answer comes from tracing the flow of money," and added, "Citizens, no matter how much the Democratic Party twists the Daejang-dong scandal this way and that, you should focus solely on 'that person.'"



The previous day, Newstapa released an audio file of a conversation between Kim Man-bae and his acquaintance Shin Hak-rim, former chairman of the Korean Federation of Mediaworkers' Unions, from September last year. According to Newstapa, during the investigation of the Busan Savings Bank in 2011, Kim introduced former special prosecutor Park Young-soo to candidate Yoon, who was then the head of the Supreme Prosecutors' Office's Criminal Investigation Department 2, at the request of broker Jo Woo-hyung.


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

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