People Power Party: "Democratic Party's 'Headquarters Chief Special Prosecutor Act' is an Attempt to Tarnish Yoon Seok-yeol"

"Is Yoon Seok-yeol the mastermind behind Daejang-dong? Revealed by presidential election results"
"Lee Jae-myung found to have proceeded with development unfavorable to Daejang-dong residents"

[Image source=Yonhap News]

[Asia Economy Reporter Kwon Hyun-ji] The People Power Party (PPP) on the 27th strongly opposed the Democratic Party of Korea (DPK) lawmakers' proposal of the 'Special Prosecutor Law for the Head of Headquarters (the president-elect's wife and mother-in-law),' calling it an attempt to tarnish President-elect Yoon Seok-yeol.

Heo Eun-ah, the PPP chief spokesperson, said in a statement, "It is crystal clear who the mastermind behind Daejang-dong is, yet the Democratic Party is fervently trying to tarnish the president-elect even before the new government, chosen by the people, has taken office." She added, "The absurd claim that Yoon Seok-yeol is the mastermind behind Daejang-dong only earned public ridicule, and the consequence was reflected in the presidential election results," criticizing the DPK's move to propose the special prosecutor law.

Earlier, DPK lawmaker Kim Yong-min had introduced the bill titled 'Act on the Appointment of a Special Prosecutor to Investigate the Daejang-dong Development Corruption Case Involving President-elect Yoon Seok-yeol and Various Abuses of Power, Real Estate Speculation, Preferential Loans, Stock Manipulation, and Illegal Wealth Accumulation by His Family During His Tenure as a Prosecutor.' Besides Kim Yong-min, about ten hardline DPK lawmakers including Kim Nam-guk and Choi Kang-wook signed the bill.

Heo further stated, "On the contrary, the prosecution revealed documents approved by then Seongnam Mayor Lee Jae-myung, presenting evidence that Seongnam City tried to proceed with the Daejang-dong development in a way unfavorable to the original residents." She mentioned, "At the early stage of the Daejang-dong development, it was considered reasonable to distribute profits according to investment shares, expecting Seongnam City to receive 320 billion won in development profits. However, due to someone's intervention, the 'excess profit recovery clause' was deleted, and a clause was added preventing the city from demanding additional profit distribution from the corporation. As a result, the development profits went to a few private developers, not the citizens of Seongnam." This points to the core of the Daejang-dong development controversy lying with former DPK presidential candidate and then Seongnam Mayor Lee Jae-myung.

Heo urged the Democratic Party to cooperate in introducing a special prosecutor for the Daejang-dong investigation, emphasizing, "Through uncovering the truth about Daejang-dong, the next government must cleanse the stigma of being a 'Republic of Real Estate Unearned Income.'"

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