Tag: land development scandal

land development scandal

Latest News

Kim Yong, a former deputy head of the Democratic Party-affiliated think tank Institute for Democracy, left, attends a court ruling on Thursday at the Seoul Central District Court in Seocho District, southern Seoul. [YONHAP]

DP chief's former aide gets five years for bribery linked to Daejang-dong scandal

A court on Thursday sentenced Kim Yong, a close aide to Democratic Party (DP) leader Lee Jae-myung, to five years in prison on charges of bribery and illegal political fundraising linked to the controversial Daejang-dong development project.

2023.11.30

Detention sought for Lee Jae-myung's 'right-hand man'

Prosecutors on Wednesday filed for a pre-trial detention warrant for Jeong Jin-sang, vice chief of staff to Democratic Party (DP) Chairman Lee Jae-myung, on bribery and corruption charges linked to a real estate development scandal.

2022.11.16

Most popular

Yoo Dong-kyu, former acting president of the Seongnam Development Corporation, is surrounded by reporters as he enters the Seoul Central District Court in Seocho District, southern Seoul, Monday for a hearing in a bribery trial. [NEWS1]

Bribery hearing circles around Lee Jae-myung's role in land scandal

Yoo Dong-kyu, a key figure in the Daejang-dong scandal, said he felt "betrayed" by people he considered allies following a hearing in a trial of five people accused of taking bribes in the 2015 land development project.

2022.10.25

Yoo Dong-kyu, former acting president of Seongnam Development Corporation, leaves the Seoul Central District Court in Seocho District, southern Seoul, Monday after a hearing on the Daejang-dong land development project. [NEWS1]

A Lee Jae-myung loyalist may be finally ready to sing

Yoo Dong-kyu, a key figure in the Daejang-dong land development scandal who was recently released from pre-trial detention, might finally be preparing to spill some beans.

2022.10.24

Lee Jae-myung, left, chairman of the Democratic Party (DP) Chairman and a former Gyeonggi governor, and Kim Yong, then a Gyeonggi provincial government spokesman, in a photo from December 2019 shared on Kim’s blog. [SCREEN CAPTURE]

Close confidant of DP chief arrested over illegal political funds

A close confidant of Democratic Party (DP) chief Lee Jae-myung was arrested by prosecutors Saturday over allegedly receiving illegal political funds related to a corruption scandal.

2022.10.23

Lawmakers from the Democratic Party (DP) protest a parliamentary audit hearing at the National Assembly in Yeouido, western Seoul, on Thursday. The DP said it would boycott all audit hearings to protest the prosecution’s “politically motivated” probes against the party’s leader, but retracted the threat later. [NEWS1]

DP says corruption probe is pure political payback

Democratic Party (DP) Chairman Lee Jae-myung denied receiving any illegal funds for his failed 2022 presidential campaign on Thursday in his first public remarks about the prosecution’s arrest of a former aide.

2022.10.20

Democratic Party Chairman Lee Jae-myung reads a Telegram message sent by his aide during a plenary session of the National Assembly in Yeouido, western Seoul, Thursday, notifying him that prosecution has summoned him for questioning over allegations he spread false information about a 2015 land development scandal. The aide wrote, “This means war.” [JOINT PRESS CORPS]

Key DP and PPP members are summoned as Assembly sits

Two key party members, one from the Democratic Party (DP) and one from the People Power Party (PPP), have been summoned for questioning.

2022.9.4

Kim Man-bae, center, owner of Hwacheon Daeyu, an asset management company at the heart of the snowballing Daejang-dong land development scandal, speaks to reporters as he arrives for a hearing at Seoul Central District Court in Seocho District, southern Seoul, Thursday. The court later refused to issue an arrest warrant for him. [JOINT PRESS CORPS]

Court denies arrest warrant for key suspect in land development scandal

A Seoul court late on Thursday night refused to issue an arrest warrant for the owner of a small company at the heart of a snowballing land development corruption scandal on bribery and other charges.

2021.10.15

Police ask Interpol for help finding key figure in land scandal

Police said Saturday they have requested Interpol's assistance in tracing the whereabouts of a key figure in a sprawling land development scandal possibly linked to leading presidential candidate Lee Jae-myung.

2021.10.10