The prosecution investigating the '5 billion won club' suspicion in Daejang-dong has additionally applied charges of violating the Improper Solicitation and Graft Act against former special prosecutor Park Young-soo. His daughter has also been booked as an accomplice.


Former Special Prosecutor Park Young-soo, who was indicted in the 'Fake Fisheries Businessman Bribery' case, is attending a trial held at the Seoul Central District Court in Seocho-gu, Seoul on the 11th. Photo by Kang Jin-hyung aymsdream@

Former Special Prosecutor Park Young-soo, who was indicted in the 'Fake Fisheries Businessman Bribery' case, is attending a trial held at the Seoul Central District Court in Seocho-gu, Seoul on the 11th. Photo by Kang Jin-hyung aymsdream@

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According to the legal community on the 19th, the Anti-Corruption Investigation Division 1 of the Seoul Central District Prosecutors' Office (Chief Prosecutor Eom Hee-jun) included charges of violating the Improper Solicitation and Graft Act in the warrant when they conducted a search and seizure of former special prosecutor Park's daughter, Park Mo, and his wife the previous day.


Previously, when requesting an arrest warrant for former special prosecutor Park, besides the 800 million won included in the charges, the investigation was expanded based on the view that there were criminal charges regarding the preferential benefits his daughter received from Hwacheon Daeyu Asset Management. The charge of violating the Improper Solicitation and Graft Act is established if a public official or related person receives or demands money or valuables exceeding 1 million won per instance or a total of 3 million won per fiscal year from the same person, regardless of job relevance.


Former special prosecutor Park was appointed as the special prosecutor for the 2016 political scandal in November 2016 and resigned in July 2021. Park's daughter joined Hwacheon Daeyu in June 2016 through the mediation of private investor Kim Man-bae from Daejang-dong and received an annual salary of about 60 million won until September 2021. Additionally, between 2019 and 2021, she borrowed 1.1 billion won from Hwacheon Daeyu in five installments and purchased an apartment in Daejang-dong owned by Hwacheon Daeyu (with a net area of 84㎡) in June 2021 at half the market price, reportedly gaining about 800 million won in capital gains. The prosecution has identified that the total profit Park's daughter earned amounts to approximately 2.5 billion won.


The prosecution believes that part of the 5 billion won promised by the 'Daejang-dong team' to former special prosecutor Park is included in the profits obtained by Park's daughter. Accordingly, she has been booked together on the grounds of conspiring with former special prosecutor Park during this process. Park's daughter is also booked on charges of acquiring the Daejang-dong apartment through an unfair private contract (violation of the Housing Act). It is expected that the amount suspected to have been received by former special prosecutor Park will increase beyond the existing 800 million won.



The prosecution is expected to summon Park's daughter soon to question the nature of the loans she received from Hwacheon Daeyu and whether former special prosecutor Park was involved. After organizing the additional charges against former special prosecutor Park, a decision on whether to reapply for an arrest warrant is expected as early as the end of this month.


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

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