Baekhyun-dong Lobbyist Requests Bail a Day Before Lee Jae-myung's Warrant Hearing

Decision on Bail Scheduled for the 4th of Next Month

Kim In-seop, former CEO of Korea Housing Technology, who was arrested and indicted on charges of acting as a 'liaison lobbyist' for the Baekhyeon-dong development project, has requested the court to allow him to stand trial without detention.

On the 25th, Kim submitted a bail application to the Seoul Central District Court Criminal Division 27 (Presiding Judge Kim Ok-gon), which is handling his case under the Act on the Aggravated Punishment of Specific Crimes for bribery through mediation.

[Image source=Yonhap News]

The court plans to hold a bail hearing on the morning of the 4th of next month to hear opinions from both Kim’s side and the prosecution before deciding on the bail. The maximum detention period for the first trial is six months, and Kim’s detention period is set to expire in early November this year.

Kim was arrested and indicted on May 2 this year on charges of receiving 7.7 billion KRW from Jung Ba-ul, chairman of the real estate development company Asia Developer (also arrested and indicted), as a bribe for mediating permits related to the Baekhyeon-dong development project from September 2015 to March this year, as well as receiving business rights for a cafeteria worth approximately 500 million KRW.

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