The Taegeukgi and Prosecution flags hanging at the Seoul Central District Prosecutors' Office in Seocho-dong, Seoul <br>[Image source=Yonhap News]

The Taegeukgi and Prosecution flags hanging at the Seoul Central District Prosecutors' Office in Seocho-dong, Seoul
[Image source=Yonhap News]

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[Asia Economy Reporter Kim Hyung-min] The prosecution summoned a close aide of lawyer Nam Wook on the 3rd in connection with allegations that Kim Yong, Deputy Director of the Democratic Research Institute, received illegal presidential election funds.


According to the legal community, the Anti-Corruption Investigation Division 3 of the Seoul Central District Prosecutors' Office (Chief Prosecutor Kang Baek-shin) summoned Mr. Lee, a former inside director of NSJ Holdings (formerly Cheonhwa Dongin No.4) and a close aide of lawyer Nam, as a witness for questioning on the same day.


Deputy Director Kim is accused of violating the Political Funds Act by conspiring with former Seongnam Urban Development Corporation Planning Director Yoo Dong-gyu and lawyer Jeong Min-yong (former head of the Strategic Business Office at Seongnam Urban Development Corporation) to receive illegal political funds amounting to 847 million KRW in four installments from lawyer Nam’s side between April and August last year, ahead of the presidential election.


The prosecution believes that in February last year, Deputy Director Kim requested about 2 billion KRW from former Director Yoo for presidential election funds, and lawyer Nam arranged the money, which was then delivered to Deputy Director Kim through lawyer Jeong and former Director Yoo.


Mr. Lee played a role in delivering the funds to lawyer Jeong under lawyer Nam’s instructions during this process. It is known that he took handwritten notes on the timing, location, and amount of the money transfers and voluntarily submitted them to the prosecution once the investigation began.


The prosecution also summoned Mr. Kim, who served as an inside director of NSJ Holdings, as a witness.


As Deputy Director Kim’s detention period expires on the 8th, the prosecution appears to be reaffirming the specific details of the fund transfers and strengthening the charges through investigations of related parties.


Meanwhile, Deputy Director Kim was summoned to the prosecution again on the same day but is reported to have continued exercising his right to remain silent.





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