Park Kwang-on "Special Act on Jeonse Fraud to be Passed Today... Will Take Responsibility and Propose Supplementary Legislation"

"Many Inadequacies in Special Law"
"We Will Prevent Jeonse Fraud from Taking Root"

Park Kwang-on, the floor leader of the Democratic Party of Korea, promised on the 25th to pursue supplementary legislation regarding the 'Special Act on Jeonse Fraud,' which is scheduled to pass the National Assembly plenary session.

On the 25th, at the party policy coordination meeting, Floor Leader Park said, "The Democratic Party will take responsibility and pursue supplementary legislation for issues that could not be addressed during the lawmaking process or newly revealed problems," adding, "We promise to continuously fill the gaps in measures against jeonse fraud."

The National Assembly Legislation and Judiciary Committee held a plenary meeting that morning and passed the bill for the 'Special Act on Supporting Victims of Jeonse Fraud and Ensuring Housing Stability.'

Floor Leader Park explained, "Compared to the existing government proposal, the scope of victims has been expanded, and interest-free loans equivalent to the highest priority repayment amount will be provided, with low-interest long-term loans supported for amounts exceeding that." He added, "However, there are many shortcomings. It was agreed to receive government reports every six months after the special law is enacted."

[Image source=Yonhap News]

He also urged the government to "promptly promulgate and implement the law to accelerate relief for victims."

Earlier, three victims of jeonse fraud died in Incheon, and on the 24th, another victim in the same area died by suicide. Regarding this, Floor Leader Park emphasized, "This must not happen anymore," and stated, "The Democratic Party will do its utmost to prevent jeonse fraud from taking root in our society."

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