[6.3 Election] Police Investigate Damyang County Governor Candidate Jeong Cheolwon Over "Borrowed-Name Company Allegations"
Police to Investigate Possible Business Interest Manipulation by Construction Company
Jeong's Camp Denies Allegations as "Clear Negative Campaigning"
The police have launched a full-scale investigation into allegations surrounding Jeong Cheolwon, the prospective candidate from the National Innovation Party running for re-election as governor of Damyang County, Jeollanam-do in the June 3 local elections, regarding his alleged ownership of a company under borrowed names and involvement in business interest manipulation.
According to the Jeonnam Provincial Police Agency and other sources on May 15, the police have initiated an investigation to verify the facts regarding various suspicions raised about candidate Jeong. The investigation will focus on allegations of borrowed-name ownership related to a construction company previously operated by Jeong, as well as whether the company was involved in business interest manipulation during the process of securing private contracts from Damyang County.
The suspicions came to light after the Jeonnam Provincial Chapter of the Democratic Party of Korea issued a statement urging a thorough investigation. The provincial chapter claimed that Geumseong Construction, a company previously managed by candidate Jeong, had secured private contracts worth approximately 1.9 billion won from Damyang County over the past 10 years, alleging de facto control through a borrowed-name company.
A police official stated, "We will begin an investigation to verify the facts regarding all allegations raised in connection with candidate Jeong."
In response, candidate Jeong's camp strongly refuted the allegations. A member of Jeong's campaign staff said, "These are matters from long ago, and some involve sensitive personal issues," adding, "This is typical negative campaigning aimed at tarnishing a specific candidate ahead of the election."
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The spokesperson continued, "The candidate is meeting directly with residents to explain in detail that there were no illegalities," and added, "We find it very perplexing and regrettable that such reports are emerging during the election period, causing distress to both the candidate and the campaign team."
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