Lee Jae-myeong “The prosecution claims it looks like communism”… Prosecutor: “Lee Jae-myung joined hands with Daejang-dong businessman”

In the trial of Lee Jae-myung, leader of the Democratic Party of Korea, over suspicions regarding Daejang-dong, Wirye New Town and Seongnam FC , leader Lee Jae-myung and the prosecution exchanged sharp battles over major charges.

Lee Jae-myung, leader of the Democratic Party of Korea, criticized the prosecution’s claims, saying, “The prosecution’s claims are similar to communism,” and the prosecution countered, “Representative Lee Jae-myung joined hands with a Daejangdong businessman to achieve his own accomplishments.”

■Jae-myung Lee spoke for 33 minutes… “The prosecution’s claims sound like communism.”

Representative Lee Jae-myeong said in his second trial on charges of breach of trust and bribery held today (17th) at the Criminal Agreement Division 33 of the Seoul Central District Court (Chief Judge Dong-hyun Kim), “It was breach of trust because I could not recover the profits.” “The prosecution’s view is like communism,” he said.

Immediately after the prosecution announced the indictment, Representative Lee spoke his opinion for 33 minutes prior to his defense statement.

Representative Lee began his statement by saying, “If you look at the content related to Daejang-dong, it feels like the prosecution is going into the forest with a DNA analyzer and digging up the ground.” He continued, “ LH

was carrying out public development in Daejang-dong, but former President Lee Myung-bak ordered it to give up, saying, ‘Do not compete with the private sector.’” He asked, “Isn’t the fact that LH gave up on such a profitable project itself a grave breach of trust?” Yes. At the same time, he said, “It is my political belief that unearned income from real estate should be recovered,” and refuted, “Profits can be adjusted by inflating costs or playing around with transaction conditions. The administration pursued stability and set a fixed profit.” . In addition, he added, “If it were possible to accurately predict real estate prices or the economy, would it be God or man?” and added, “If it is made an issue after the fact, the public officials who decide on policy will never move.” Regarding the suspicion of donations to Seongnam FC 토토사이트, he denied the charges, saying, “I want to ask what benefit I gained,” and “I was told that if a business operator specifically provided cash in relation to a public official, there was a risk of problems with donation violations or abuse of power, so I was naturally careful.” . ■Prosecution’s 3-hour presentation… “We joined hands with Daejang-dong business to turn Industrial Complex 1 into a park.” Prior to Lee’s remarks, the prosecution revealed the facts of the indictment regarding the suspicion of preferential treatment for Daejang-dong development and Seongnam FC for about three hours from the start of the morning trial. The prosecution said, “The moment CEO Lee decided to somehow prepare for the conversion of Daejang-dong Industrial Complex 1 into a park, he became a public figure. The investigation revealed that he ended up joining hands with a private business in Daejang-dong and selling local government property at a low price if it would help him.” He emphasized. At the same time, he claimed, “The actual burden of the cost of creating the 1st Industrial Complex park was borne by the residents, and the absurd results brought about by Representative Lee have become a reality.” Regarding the suspicion of Seongnam FC sponsorship, he said, “I knew that 15 billion won per year was needed to maintain the first division of the soccer club, and that it was necessary to secure 5 billion won in operating funds by identifying the needs of companies.” He added, “I cannot make political promises.” “I decided to help companies with licensing rights due to concerns about a decline in approval ratings,” he announced. Representative Lee is accused of causing a loss of 489.5 billion won to the Seongnam Urban Development Corporation by approving a business structure that was advantageous to private businesses in Daejang-dong while he was mayor of Seongnam. He is accused of leaking information on the development of Daejang-dong and Wirye New Town to private companies to make profits of KRW 788.6 billion and KRW 21.1 billion from each project, and of receiving approximately KRW 13.3 billion in sponsorship money from Seongnam FC in return for providing business convenience to large corporations. He is also facing charges. ■Criminal Agreement Division 33, also responsible for the Baekhyeon-dong and perjury teacher cases. The Seoul Central District Court also assigned the case of CEO Lee’s suspicion of perjury teacher, which the prosecution additionally handed over to trial, to Criminal Agreement Division 33. Accordingly, following the existing suspicions of Daejang-dong and Wirye New Town and Seongnam FC , the court was in charge of the suspicion of preferential treatment for the development of Baekhyeon-dong, which was indicted on the 12th, and even the suspicion of perjury. Among the trials of Representative Lee, who has been brought to trial a total of four times since the Yoon Seok-yeol administration, all three cases, excluding the charge of violating the election law, are being conducted in the 33rd criminal settlement department. The court plans to reopen the trial on the 20th and continue the hearing. 

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