No, controversy over insolvency verification of his real estate adoptive husband donates house to two sons – market value 3 billion No, candidates cry out for “serious real estate problems” Lee Jae-myeong – leadership remains silent
It was revealed that the Democratic Party of Korea did not take issue with the fact that candidate Yang Moon-seok (Ahn San-gap, photo), a college student, received a loan of 1.1 billion won during the nomination process. ‘Suspicion of underreporting’ also arose that Candidate Yang reported the price of an apartment in Jamwon-dong, Seocho-gu, Seoul, which he purchased for 3.12 billion won in August 2020 using his daughter’s loan, to the National Election Commission as the publicly announced price of 2.156 billion won. . The Public Official Ethics Act stipulates that when reporting property, the higher of the publicly announced price or the actual transaction price must be reported.
As real estate problems have arisen one after another, centered around the pro-Myung (pro-Lee Jae-myung) candidates who won tickets to the final amid nomination noise, criticism is growing within the party that it is “due to poor verification.” Following candidate Gong Young-woon (Hwaseul, Gyeonggi Province), who gifted a building worth 3 billion won to his eldest son, candidate Yang Bunam (Seoul, Gwangju), a ‘lawyer in Daejang-dong’, donated a single-family home in a redevelopment area in Hannam-dong, Seoul to his two sons and even paid the gift tax. It is expected that the controversy over poor nominations will continue as suspicions of ‘dad’s chance’ are raised.
● Yang Moon-seok, suspicion of reporting asset reduction
According to Dong-A Ilbo’s coverage on the 31st, candidate Yang Moon-seok submitted the same asset information to the party’s Nomination Management Committee and the National Election Commission. It is known that the property data shows that the eldest daughter, a college student, has a deposit of 1.5 million won and is in debt of 1.1 billion won. Multiple party officials said, “Unlike lawyer Lee Young-seon (former candidate Se Jong-gap), whose nomination was canceled due to false reporting of assets, Candidate Yang is not subject to cancellation by the party.” The Democratic Party canceled the nomination of lawyer Lee, who reduced the size of his apartment and officetel holdings during the party nomination process.
Regarding this, within the party, it was pointed out that “the fact that a college student with cash assets of 1.5 million won received a loan of 1.1 billion won is suspicious to anyone,” and “even though this was ‘voluntarily reported,’ it was not properly filtered out.” A re-elected lawmaker from the Non-Scream (non-Lee Jae-myeong) faction criticized, “Does it mean that it is ‘OK’ if you just report it, even if it is an expedient?” and “They are ignoring the public’s perspective because they are only focusing on the ‘Screaming Incident.’”
Candidate Yang posted on Facebook the previous day, “Saemaeul Geumgo suggested, ‘Since my daughter is an adult, how about taking out a loan in the name of my daughter as business working capital?’” and “(When asked if this will be a problem in the future), there is no need to do anything since it is industry practice.” “I answered that there would be no problem,” he said, blaming Saemaul Geumgo. He then asked, “Are there any victims who were defrauded by our family’s loans? “A representative example of fraudulent lending is President Yoon Seok-yeol’s mother-in-law,” he countered.
An official from Saemaul Geumgo Central Association said, “During the loan post-examination process, Candidate Yang’s daughter (who was a college student at the time) submitted documents showing that she had repaid her mother’s 600 million won loan and used the remaining money to purchase items needed for business,” adding, “The documents are “We will reveal through future due diligence whether it was properly written and reviewed,” he said.
A financial industry official said, “Because loan products have a fixed loan amount, candidate Yang’s daughter’s expedient loan may have reduced loan opportunities for other small business owners.”
● Lee remains silent despite concerns about “last-minute election adverse events”
Candidate Yang Bu-nam, who is classified as a ‘true name’ for overseeing the overall trial of Representative Lee Jae-myeong, also purchased a single-family home in Hannam District 3, a redevelopment area in Yongsan-gu, Seoul, in 2008 and gifted it to his two sons who were in their 20s at the time in 2019, even paying gift tax. The fact became known late. According to the National Election Commission, candidate Yang Bunam’s two sons currently own half of the shares of the single-family home, or 468,043,000 won each. The current market price for a similar-sized house is around 3 billion won.
Candidate Yang Bu-nam said, “We humbly accept the criticism that it is a ‘parental opportunity,’” but added, “There was no illegal loan, and it was not a trick gift, but a normal gift following legal procedures. “It is not an investment aimed at taking advantage of redevelopment,” he explained.
Ten days before the election, controversies over real estate between some candidates have erupted one after another, causing a stir among candidates in the metropolitan area. A Seoul-area lawmaker said, “The real estate issue is the Democratic Party’s ‘Achilles heel,’” and added, “Controversial candidates need to be sorted out quickly.”
Party leaders, including Representative Lee, remain silent. A party leadership official said, “The possibility of canceling the nomination is currently very low.”
Reporter Kang Seong-hwi [email protected]
Reporter Yoo Chae-yeon [email protected]
2024-03-31 18:00:00
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