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Suspicion of ‘Yoon Seok-yeol’s heavy water department’ Busan Savings Bank insolvency investigation

◀ anchor ▶

Ten years ago, after the Daejang-dong allegations broke out, suspicions arose that the investigation into the Busan Savings Bank, where candidate Yoon Seok-yeol was the chief prosecutor, was inadequate.

However, yesterday and today, the prosecution summoned people related to this case to investigate.

It is interpreted that the prosecution started a full-fledged investigation over the suspicion of a poor investigation.

By Lee Jae-wook.

◀ Report ▶

Today, the prosecution, which is investigating the ‘Daejang-dong development allegation’, summoned Lee Kang-gil, former CEO of C7, a real estate development company, as a witness for investigation.

Mr. Lee was excluded from the project in 2009, when the Daejang-dong project was in the early stages of promoting privately-led development.

Prosecutors are said to have reinforced charges against Lee, including the overall Daejang-dong project and the specific amount of breaches by those involved, before handing over Kim Man-bae and Nam-wook, who have three days of detention, to trial.

In particular, the prosecution focused on how Lee received a loan of 115.5 billion won from the Busan Savings Bank in the early days of the Daejang-dong project.

During the loan process, Lee is suspected of giving about 1 billion won to Jo, a relative of Busan Savings Chairman Park Yeon-ho and college junior of accountant Jeong Young-hak, in exchange for mediation.

The Central Investigation Department of the Supreme Prosecutors’ Office, which investigated this case in 2011, did not even charge Cho, and only investigated the witnesses.

Four years later, when the Suwon District Prosecutor’s Office, who investigated the Busan Savings Bank loan process, applied the charge of mediation to Mr.

A huge amount of illegal loans evaded investigation and eventually became the seed money for the Daejang-dong business.

At that time, the second head of the heavy water department was the presidential candidate Yoon Seok-yeol, and his lawyer was former special prosecutor Park Young-soo, a former heavy water department chief who worked closely with Yoon at the time.

Prosecutors called Cho as a witness yesterday and confirmed the charge of receiving about 1 billion won at the time, while also inquiring about the investigation process of the Supreme Prosecutor’s Office in 2011 and the background of the acquittal.

As the prosecution investigated those involved in illegal loans at Busan Savings Bank for two consecutive days, it is interpreted that the investigation began in earnest despite allegations that the investigation in this case was poor at the time.

This is Lee Jae-wook from MBC News.

Video Editing: Lee Jeong-geun

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