Taeyoungho Fills Vacancy... People Power Party "Additional Coin Questions During Screening"

Formation of Election Commission for Supreme Council Member Selection
Chairman Kim Do-eup, Park Seong-min, Bae Hyun-jin Participate
"Will Inquire About Virtual Assets in Property Formation Items"

The People Power Party has officially begun the procedure to fill the Supreme Council member position vacated by former Supreme Council member Tae Young-ho's voluntary resignation. Previously, former Supreme Council member Tae was subject to disciplinary action by the Central Party Ethics Committee due to a series of controversies, and he voluntarily resigned from his Supreme Council position before the disciplinary announcement. According to the party's constitution and regulations, the People Power Party must re-elect a Supreme Council member by the 9th of next month.

On the morning of the 15th, at the Supreme Council meeting held at the National Assembly, the People Power Party formed the Supreme Council By-election Election Management Committee, appointing Representative Kim Do-eup as chairman, Representative Park Seong-min as secretary, and five members including Representative Bae Hyun-jin, and held its first meeting.

[Image source=Yonhap News]

After the Election Management Committee meeting, Representative Bae Hyun-jin announced in a briefing, "The election date has been set for the 9th of next month," explaining, "This is based on Article 27 of the party constitution, which stipulates that a by-election must be held within 30 days from the occurrence of the vacancy on May 10."

Representative Bae added, "We decided to combine the online method, which has been recently used for national committee meetings, with ARS (Automated Response System) and broadcast it live on Oreun Sori," and said, "After the registration announcement on the 26th, candidate registration will be accepted over two days, the 29th and 30th."

Referring to Representative Kim Nam-guk, who recently left the Democratic Party amid allegations of illicit cryptocurrency trading, Representative Bae said, "To reflect the public's desire for strict morality in party leadership, we have decided to introduce a preliminary questionnaire for candidates for the first time in the party leadership election," adding, "Among the questions about asset formation, we included an item asking whether the candidate currently holds or has held virtual assets."

Chairman Kim Do-eup also stated in his opening remarks at the meeting, "I would like to inform you that this time, especially in the qualification screening for public office elections, questions regarding the possession of coins and other virtual assets have been added to the self-verification statement."

The deposit is 40 million KRW, which will be fully refunded if the candidate fails the qualification screening, and 50% will be refunded if eliminated in the preliminary cutoff. The qualification screening will be conducted on the 30th and 31st, and the cutoff will be held if the number of candidates exceeds five.

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