People’s Strength Rep. Kwak Sang-do is claiming that the Democratic Party unilaterally notified the bill review schedule without an agreement at a press conference on pending issues at the National Assembly Communication Center in Yeouido, Seoul on the morning of the 17th. / Reporter Lee Seung-hwanOn the 26th, Rep. Kwak Sang-do of People’s Strength said about the report that his son Kwak (32) received 5 billion won as severance pay from Hwacheon Daeyu Asset Management (Hwacheon Daeyu), which is suspected of preferential treatment for the development project in Daejang-dong, Seongnam-si, Gyeonggi-do, on the 26th. Didn’t the branch create a structure to make that kind of money?” he said.
Rep. Kwak said in a phone call with Yonhap News on the same day, “Isn’t it a problem because the company is making more money than I thought?”
Earlier, Nocut News reported on the same day, “The son of Kwak, who majored in industrial design in college and urban and real estate development in graduate school, joined Hwacheon Daeyu in June 2015 and worked in the compensation team as a deputy manager until he resigned. I received 5 billion won as severance pay.”
In response, Hwacheon Daeyu said, “It was a severance pay paid through a legal process,” and said, “There is no problem.”
Regarding the question of whether the amount was too large, he said, “Is there any company that made such a profit as a normal company?” and “I don’t know how much it is, but I don’t know how much it is,” he said.
Rep. Kwak countered the suspicion that his son received severance pay as a dividend after investing in Hwacheon Daeyu, saying, “If I had invested, everything would have appeared sooner.”
He emphasized, “I agreed that the special prosecutor should quickly investigate the facts.”
Recently, Rep. Kwak received a monthly salary of 2.33 million won (July 2015-February 2018), 3.33 million won (March-September 2018), and 3.83 million won (October 2018-Mar 2021) when his son attended Hwacheon University. month) was stated.
Meanwhile, former Justice Minister Cho Kuk also shared a report on his Facebook page that said, “The son of Kwak Sang-do, a member of the People’s Power, received 5 billion won in severance pay from Hwacheon Daeyu, where he worked for 6 years.”
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