'Lee Jae-myung's Closest Aide' Jeong Jin-sang Released on Bail... "Real-Time Location Tracking"

Jung Jin-sang, former Chief Political Coordination Officer and a close aide to Lee Jae-myung, leader of the Democratic Party of Korea, will stand trial without being detained. He was released on bail about five months after being arrested in November last year.

Jung Jin-sang, former Chief of Political Coordination Office at the Democratic Party of Korea Representative Office [Image source=Yonhap News]

On the 21st, the 23rd Criminal Division of the Seoul Central District Court (Presiding Judge Jo Byung-gu) approved Jung’s bail request.

He was required to pay a bail bond of 50 million KRW, with 20 million KRW allowed to be substituted by an insurance policy. He also had to submit a written pledge not to evade court appearances or tamper with evidence, as well as a guarantee letter from his wife ensuring his attendance.

Due to concerns about evidence tampering, he is prohibited from contacting individuals involved in the case. Meetings, phone calls, text messages, or social media communications with witnesses, other persons who testified during the investigation, or any other related parties are forbidden. Indirect contact through third parties is also not allowed.

His residence is restricted, and he must obtain prior approval to move. An electronic device will be attached for real-time location tracking.

Previously, the prosecution arrested him on November 19 last year and indicted him on December 9 of the same year.

Jung is accused of granting preferential treatment to private developers involved in the Daejang-dong development project and, in return, promising to share 24.5% of the common stock held by the private developers (after deducting common expenses, amounting to 42.8 billion KRW) (charge of bribery after abuse of power).

He is also charged with receiving a total of 240 million KRW in seven installments from Yoo Dong-gyu, former Planning Director of Seongnam Urban Development Corporation, between February 2013 and October 2020, while serving as Policy Secretary of Seongnam City and Director of Policy at Gyeonggi Province, in exchange for facilitating various projects.

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