"Kwaksangdo Not Guilty of 5 Billion Bribery
Cannot Let This Be Covered Up"

[Asia Economy Reporter Oh Ju-yeon] On the 12th, the Justice Party announced that it will push for a special prosecutor to investigate the so-called 'Daejang-dong 5 Billion Club'.


On the same day, Kim Hee-seo, the chief spokesperson, held a press conference at the National Assembly in the morning and said, "The Justice Party cannot let the acquittal of Kwak Sang-do on the 5 billion bribery charge go as it is."


Former People Power Party lawmaker Kwak Sang-do, who is accused of receiving bribes under the pretext of his son's retirement allowance from the Daejang-dong group, is attending the first trial sentencing hearing related to violations of the Act on the Aggravated Punishment of Specific Crimes at the Seoul Central District Court in Seocho-gu, Seoul on the 8th. Photo by Kang Jin-hyung aymsdream@

Former People Power Party lawmaker Kwak Sang-do, who is accused of receiving bribes under the pretext of his son's retirement allowance from the Daejang-dong group, is attending the first trial sentencing hearing related to violations of the Act on the Aggravated Punishment of Specific Crimes at the Seoul Central District Court in Seocho-gu, Seoul on the 8th. Photo by Kang Jin-hyung aymsdream@

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Chief Spokesperson Kim said, "The Justice Party will promote a law to appoint a special prosecutor to investigate the truth behind the corruption allegations of the Daejang-dong development 5 Billion Club, including Kwak Sang-do," and emphasized, "We strongly urge the National Assembly to promptly participate in the procedures to introduce the special prosecutor."


He explained the significance of pushing for the special prosecutor, saying, "The public's anger is sky-high over the prosecution's investigations and the judiciary's judgments, which are sharp toward the majority of the people but blunt when directed at the privileged class," and added, "The prosecution and judiciary, lacking fairness and common sense, have lost all trust. The National Assembly must take responsible action."


He continued, "We will clearly expose the connections between Kwak Sang-do and the 5 Billion Club, as well as the linked chains of privilege, so that the social privileged class who reign above the law can no longer have a foothold in the Republic of Korea," and emphasized, "The special prosecutor promoted by the Justice Party will be a starting point toward a clean Korea and a Korea where the common sense of the people prevails, regardless of political camps or disputes."



Earlier, on the 8th, former People Power Party lawmaker Kwak Sang-do, who was prosecuted on charges including receiving bribes from Hwacheon Daeyu Asset Management (Hwacheon Daeyu), which led the Daejang-dong development project, was acquitted in the first trial regarding the 5 billion retirement pay (2.5 billion won after taxes, etc.) of his son Kwak Byung-chae.


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

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