Prosecutors have requested an arrest warrant for Kim Yong, a deputy director of the Institute for Democracy, who is a close aide to Lee Jae-myung, chairman of the Democratic Party of Korea.
The 3rd Division of Anti-Corruption Investigation of the Seoul Central Prosecutors’ Office requested an arrest warrant for Kim on charges of receiving 847 million won from development officials in Daejang-dong, including Dong-gyu Yoo, former head of Seongnam Urban Development Corporation, four times between April and August of last year. I did.
Prosecutors believe that former head Dong-gyu Yoo, along with lawyers Jeong Min-yong and Nam-wook, raised 847 million won in illegal political funds, and that Deputy Director Kim received regarding 600 million won.
At a time when the prosecution saw that the money had flown, the Democratic Party was preparing for the presidential election, and Vice President Kim was in charge of organizational management and other tasks as general manager at the representative camp of Lee Jae-myung, who announced his candidacy in July last year.
The prosecution, which expanded the investigation from the Daejang-dong development corruption to the Wirye new town development corruption, secured a statement from Yoo, “Deputy Director Yong Kim demanded 2 billion won to fund the presidential election,” and has urgently arrested and investigated Kim.
Immediately following the arrest, Deputy Director Kim protested, saying, “The allegation of receiving illegal funds is not true at all, and the prosecution is creating a crime without a prosecution.”