[Exclusive] Prosecutors Decide Not to Request Arrest Warrant for Former District Mayor Yu Deok-yeol on Bribery and Embezzlement Charges

Second Time Following the Warrant Dismissal in June

[Asia Economy Reporter Oh Gyumin] The police applied for an arrest warrant for former Dongdaemun District Mayor Yoo Deok-yeol, who is accused of accepting bribes from employees in exchange for promotions, but the prosecution did not request the warrant. After the arrest warrant was dismissed in June, the police reapplied, but it was dismissed again.

According to a comprehensive report from our coverage on the 24th, the Seoul Central District Prosecutors' Office dismissed the application for an arrest warrant for former Mayor Yoo last week. The reason for dismissal is reportedly due to the need for supplementary investigation.

On the 12th, the Anti-Corruption and Public Crime Investigation Unit of the Seoul Metropolitan Police Agency applied for an arrest warrant for former Mayor Yoo on charges including embezzlement under the Act on the Aggravated Punishment of Specific Economic Crimes.

Former Mayor Yoo is accused of receiving tens of millions of won in bribes from some district office employees in exchange for promotions during his tenure. He is also accused of misusing public funds such as business promotion expenses and project funds intended for low-income groups for personal use.

In August last year, the police conducted searches at six locations including former Mayor Yoo's residence and offices. Subsequently, in April, a travel ban was imposed on former Mayor Yoo. The police also conducted two summons investigations of former Mayor Yoo in June and applied for an arrest warrant, but the prosecution dismissed it.

Meanwhile, former Mayor Yoo has denied the allegations since he was first booked by the police.

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