[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Kim Hyung-min] Yoo Dong-gyu, former head of planning at Seongnam Urban Development Corporation, and Kim Man-bae, major shareholder of Hwacheon Daeyu Asset Management (Hwacheon Daeyu), who were indicted on allegations of preferential treatment and lobbying in the Daejang-dong development project, will appear in court to testify in person at the end of next month.


The Seoul Central District Court Criminal Division 22 (Presiding Judge Lee Jun-cheol) stated on the 26th during the trial of Yoo, Kim, lawyer Nam Wook, accountant Jung Young-hak, and lawyer Jung Min-yong, "We plan to complete the examination of evidentiary documents by September 19, or as early as September 16, and then proceed with the witness examination of the defendants." Although they are defendants in this case, they will appear in court as witnesses against each other as co-defendants.


Considering that trials are held every Monday or Friday, the witness examination for these individuals is expected to begin on September 19 or 23.



The court received the indictment in October last year and has been conducting one or two trials weekly since January, with a significant portion of the evidence investigation now completed. After the witness examination of the defendants, the trial is expected to enter its final stages.


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