Lee Jae-myung, the leader of the Democratic Party, has been handed over to trial by the prosecution today. He is facing charges of giving preferential treatment for the development of Daejang-dong and Wirye New Town, and also for making donations to Seongnam FC. The Seoul Central District Prosecutor’s Office indicted Lee without detention for causing private businessmen to gain profits in Daejang-dong and causing a loss of 489.5 billion won to the Seongnam Urban Development Corporation while he was serving as mayor of Seongnam.
The prosecution also charged Lee with leaking internal government information to Wirye New City operators and receiving bribes from four different sources, including Doosan Construction and Naver, for donations to Seongnam FC. His closest aide, Jeong Jin-sang, then Seongnam City’s policy secretary, was indicted for conspiring to commit the crime.
The prosecution believes that Lee has colluded with private companies for political gain, and requested an arrest warrant for Lee last month. However, the National Assembly rejected the motion to arrest Lee, leading the investigation team to conduct a reinforced investigation for almost a month.
The allegations of a contract worth 42.8 billion won and the suspicion of receiving approximately 800 million won in presidential election funds were not included in the prosecution’s charges. Representative Lee is already being tried for violating the Public Official Election Act every two weeks for spreading false information, such as denying knowing the late Kim Moon-ki during the last presidential election.
The prosecution is still investigating the suspicion of remittance to North Korea by Ssangbangul, the process of changing the use of Baekhyeon-dong, and the suspicion of preferential treatment at the Jeongja-dong Hotel.
The prosecution handed over Lee Jae-myung, the head of the Democratic Party, to trial today on charges of preferential treatment for the development of Daejang-dong and Wirye New Town and donations to Seongnam FC.
The 1st and 3rd divisions of the Seoul Central District Prosecutor’s Office’s anti-corruption investigation today indicted Lee without detention on charges of causing business profits to private businessmen in Daejang-dong and causing a loss of 489.5 billion won to the Seongnam Urban Development Corporation while he was mayor of Seongnam.
The prosecution also charged Lee with leaking internal government to Wirye New City operators and receiving 13.35 billion won in bribes from four places, including Doosan Construction and Naver, for donations to Seongnam FC.
The prosecution also indicted Jeong Jin-sang, then Seongnam City’s policy secretary, who was Lee’s closest aide, for conspiring to commit the crime.
Prosecutors believed that Lee had colluded with private companies for political gain, such as achieving his promise, and requested an arrest warrant for Lee last month, but the motion to arrest Lee was rejected by the National Assembly, and the investigation team conducted a reinforced investigation for nearly a month. have been doing
Prosecutors did not include the allegations of a contract worth 42.8 billion won that CEO Lee had a stake in Cheonhwa-dongin No. 1, a private developer of Daejang-dong, and the suspicion of receiving regarding 800 million won in presidential election funds. no see.
Representative Lee is already being tried once every two weeks for violating the Public Official Election Act for spreading false information, such as a remark that he said, “I don’t know the late Kim Moon-ki,” during the last presidential election.
In addition, Ssangbangul’s suspicion of remittance to North Korea, the process of changing the use of Baekhyeon-dong, and the suspicion of preferential treatment at the Jeongja-dong Hotel are still on the list of prosecutors’ investigations.
This trial for Lee Jae-myung, the head of the Democratic Party, is one of many in his current legal battles. The prosecution has indicted him on charges of preferential treatment for development projects and receiving illegal donations. While he was mayor of Seongnam, Lee is accused of causing a loss to the Seongnam Urban Development Corporation and receiving bribes for donations to Seongnam FC. Prosecutors believe that he colluded with private businesses for personal gain. There are still other allegations for which Lee may be tried, but for now, this trial continues to unfold. Only time will tell what the outcome of this case will be.
