Prosecution Kim Man-bae secured statement of plan to hand over shares to Yoo Dong-kyun in 2025

Nam-wook “Understanding with Lee Jae-myung”… Kim “I told Jung Young-hak a fictional fact”

Prosecutors are confirming the facts after securing a statement that Kim Man-bae (57), the major shareholder of Hwacheon Daeyu Asset Management, said that he planned to hand over his stake in Cheonhwa Dongin No. 1 to ‘Yoo Dong-gyu’ in 2025.

According to the legal community on the 9th, the Seoul Central District Prosecutor’s Office’s Anti-Corruption Investigation Division 3 (Chief Prosecutor Kang Baek-shin) recently investigated Nam-wook, a private developer in Daejang-dong, and said, “Around 2017-2018, Mr. Kim acquired shares in Cheonhwa Dongin No. 1, which was expected to earn 100 billion won at the time, in 2025. I have said several times that I will hand it over to Yoo Dong-gyu’s family.”

Cheonhwa Dongin No. 1 was established in 2015, and they planned to hand over the shares 10 years after the statute of limitations expired to avoid legal risks.

Mr. Nam also stated that he understood that the ‘Yoo Dong-gyu’s’ that Mr. Kim was talking about was the representative of the Democratic Party of Korea, Lee Jae-myung, who was the mayor of Seongnam at the time.

The prosecution promised that Mr. Kim would share 24.5% of Daejang-dong’s profits (42.8 billion won after deducting common expenses) from Lee’s aides, Jeong Jin-sang, former head of the political coordination office of the Democratic Party’s party representative office, Kim Yong, former vice president of the Democratic Research Institute, and Yoo Dong-gyu, former head of the planning headquarters of Seongnam Urban Development Corporation. It is believed to have been and is being investigated.

Kim’s remarks also appear in the transcript submitted by Jung Young-hak to the prosecution.

According to the November 2020 transcript, Mr. Kim explains to Mr. Jeong, “(I told Yoo Dong-gyu), ‘It will be 10 years by 2025, so if you appease me, I will give you (money) whether it is in the form of an investment or in another form.'”

However, in the 2021 prosecution investigation, Mr. Kim acknowledged the remark itself, but said, “If Jung Young-hak speaks clumsily, he does not believe it, and he is a person who is good at numbers, so he embodies the fictional fact that he gives it to Yoo Dong-gyu.

If Yoo Dong-gyu actually had a share, would he have waited patiently for that? He would have roasted me or visited me every day and already took the money.”

/yunhap news

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.