Representatives of the Citizens' Coalition for Economic Justice held a press conference on the real estate asset analysis of 73 winners of the June 1 local elections for metropolitan and Seoul-Gyeonggi basic local government heads at the Kyungsilyeon auditorium in Jongno-gu, Seoul, on the 3rd. Photo by Kim Hyun-min kimhyun81@

Representatives of the Citizens' Coalition for Economic Justice held a press conference on the real estate asset analysis of 73 winners of the June 1 local elections for metropolitan and Seoul-Gyeonggi basic local government heads at the Kyungsilyeon auditorium in Jongno-gu, Seoul, on the 3rd. Photo by Kim Hyun-min kimhyun81@

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[Asia Economy Reporter Oh Su-yeon] It was reported on the 8th that among the winners of the local elections held on June 1, 19 individuals have been prosecuted on charges of false asset reporting.


According to the 'Prosecution Status of Complaints Related to Asset Reporting of Elected Officials after the 8th Nationwide Simultaneous Local Elections,' submitted by the Central Election Commission to Lee Man-hee, a member of the People Power Party on the National Assembly's Public Administration and Security Committee, the prosecution indicted 19 out of 27 complaints filed by the Election Commission for violations of the Public Official Election Act.


Additionally, 7 individuals were not prosecuted, and 1 person received a non-prosecution decision from the police. Among those indicted, 14 were basic council members, the largest group, followed by 3 basic local government heads and 2 metropolitan council members.


Regarding the violations, there were 11 cases of false reporting involving underreporting or omission of real estate such as buildings and land, or stocks and deposits.

One basic local government head omitted reporting buildings worth approximately 1.913 billion KRW, and one metropolitan council member failed to report a spouse's debt of 640 million KRW.



There were also 8 cases of inflated asset reporting. The Election Commission has filed a retrial request to reconsider prosecution for 4 of the 7 individuals who were not prosecuted.


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

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