Lee Jae-myung Proposes Special Investigation on Daejang-dong Scandal Involving 'Presidential Election Funds + President Yoon's Allegations'... "Must Be Done" (Comprehensive)

"Government and ruling party failures are not hidden by attacking Lee Jae-myung"

Lee Jae-myung, leader of the Democratic Party of Korea, holds an emergency press conference at the National Assembly on the 21st. Photo by Yoon Dong-joo doso7@

[Asia Economy Reporters Naju-seok and Park Jun-yi] Lee Jae-myung, leader of the Democratic Party of Korea, proposed the appointment of a special prosecutor on the 22nd regarding the Hwacheon Daeyu Daejang-dong incident. He suggested that the special prosecutor should investigate not only the allegations of illegal presidential election funds, which are unlikely to be agreed upon, but also the allegations related to the Busan Savings Bank case investigated by President Yoon Seok-yeol, as well as the suspicion that the house of President Yoon’s father was purchased by the sister of Kim Man-bae, the main suspect in the Daejang-dong incident.

At a press conference held at the National Assembly on the same day, Lee mentioned the Daejang-dong incident, stating, "It seems they are now even resorting to fabrication. The substantive truth of the case is being distorted, and only the noisy sound of political oppression and retaliatory investigations against our party is heard." He added, "I officially request the president and the ruling party to accept a special prosecutor investigation related to the Hwacheon Daeyu Daejang-dong development."

He emphasized, "The special prosecutor must comprehensively cover all the allegations raised so far," and argued, "It should clarify the substance of the Daejang-dong development and Hwacheon Daeyu, as well as the allegations of fraudulent investigation into the Busan Savings Bank, which ultimately protected the seed money of corrupt forces, the allegations of false information disclosure, and the circumstances under which Kim Man-bae’s sister purchased the president’s father’s house. It must also uncover the fabricated investigation and false testimony coaching allegations that arose during the sudden change in testimony regarding Hwacheon Daeyu’s fund flow."

Regarding the suspicion that Kim Yong, deputy director of the Democratic Research Institute and a close aide to Lee, received illegal presidential election funds, Lee denied the allegations. He firmly denied any involvement in the Daejang-dong incident and also denied the allegations of receiving illegal election funds.

Lee stated, "Hitting Lee Jae-myung does not hide the government and ruling party’s failures. Oppressing the Democratic Party does not conceal the incompetence of the government and ruling party," and urged, "The president and the ruling party should accept the special prosecutor law."

However, Lee also made it clear that if the government and ruling party do not accept the special prosecutor request, the special prosecutor must be forcibly appointed.

When asked by reporters about the prospects of the special prosecutor, Lee said, "I expect the People Power Party and the government will not reject this," but added, "Realistically, considering the attitude of the presidential candidates during the election, there is a possibility they might not do it. This is my personal opinion, but this time I will not back down. If they refuse, the Democratic Party must ensure the special prosecutor is appointed through the power it holds."

Regarding specific details such as the method of recommending the special prosecutor, he said, "It depends on negotiations between the ruling and opposition parties," but added, "It must be done in a way that meets the public’s expectations to guarantee fairness."

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