Minju: "Lee Bok-hyun, Financial Supervisory Service Chief, Should Also Investigate Lee Won-mo's Semiconductor Stock Conflict of Interest"

Jang Jin-young's 'Dad Chance' Loan Suspicion Also Calls for Investigation

The Democratic Party of Korea on the 6th demanded that Lee Bok-hyun, Governor of the Financial Supervisory Service, "immediately investigate the 'Daddy's Chance' loan suspicion of People Power Party candidate Jang Jin-young (Seoul Dongjak-eul) and the semiconductor stock 'conflict of interest' suspicion involving the family of candidate Lee Won-mo (Gyeonggi Yongin-gap)."

Lee Bok-hyun, Governor of the Financial Supervisory Service. Photo by Yongjun Cho jun21@

In a statement on the same day, the Democratic Party's Committee for Countermeasures Against Prosecutorial Dictatorship and Political Oppression said, "Although it is not the relevant department, we ask for a swift investigation into these suspicions with the same decisiveness as the lightning-fast investigation into the Saemaeul Geumgo loan suspicion against Democratic Party candidate Yang Moon-seok (Gyeonggi Ansan-gap)."

The committee stated, "According to the media, candidate Jang took out loans amounting to about 7.8 billion won, which is 99% of the purchase price, from several institutions including a credit cooperative where his father serves as a director, for approximately 2,500 pyeong of land in Gongheung-ri, Yangpyeong, which is also owned by the family of First Lady Kim Keon-hee."

It continued, "Candidate Lee reported that his spouse Shin Mo and eldest son hold 16,096 shares of SK Hynix stock worth about 2.1 billion won," and pointed out, "Candidate Lee is running in Yongin-gap, where a large SK Hynix factory is being established, and has proposed various support pledges."

They added, "It must be examined whether the Lee candidate's family holding SK Hynix stocks constitutes a conflict of interest."

The committee emphasized, "If Lee, a former prosecutor considered the president's close confidant, is not running for office and remains in his position for reasons other than election interference, then the Financial Supervisory Service should dispatch investigative personnel and conduct a lightning-fast investigation into the suspicions surrounding candidates Jang and Lee as well."

Meanwhile, the Democratic Party raised suspicions of real estate speculation against People Power Party candidate Kim Sang-wook in Ulsan Nam-gap.

Spokesperson Choi Hye-young stated in a written briefing, "According to reports, candidate Kim purchased nearby farmland two months after the announcement of the KTX Ulsan Station area complex specialized district development promotion in September 2019. Although he claimed it was purchased for weekend experiential farming purposes, there is no trace of crop cultivation."

Spokesperson Choi added, "Candidate Kim denied the suspicion, saying he actually used it as a weekend farm, but seeing that only cherry blossom trees, which cannot be harvested for crops, are densely planted, it raises suspicion that it was for speculation. We ask the citizens of Ulsan to judge candidate Kim."

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