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Prosecutors Investigate Former Governor Choi Moon-soon in Pyeongchang Alpensia Resort Bid Rigging Case

Choi Moon-soon, former governor of Gangwon-do. <한겨레> data photo

Prosecutors investigating the KH group’s ‘Pyeongchang Alpensia Resort bid rigging’ case are investigating Choi Moon-seon, former governor of Gangwon-do, as a suspect. Former Governor Choi’s position is that there was no corruption, just an effort to sell the Alpensia Resort, which continued to fail. On the morning of the 28th, the Seoul Central District Prosecutors’ Office’s Violent Crime Investigation Department (Chief Shin Joon-ho) called in former Governor Choi for investigation on charges of obstructing a bid. Prosecutors conspired in advance to set up KH REITs, an affiliate of KH Group, as a false bidder so that KH Gangwon Development Co., Ltd., a special purpose corporation (SPC) affiliated with KH Group, could acquire Alpensia Resort. I suspect you received it. KH Gangwon Development bought Alpensia Resort for 711.5 billion won in 2021. Alpensia is a comprehensive resort built on a site of 4.83 million square meters in Yongsan-ri and Suha-ri, Daegwallyeong-myeon, Pyeongchang-gun in 2010 by Kim Jin-seon, former governor of Gangwon Province (1998-2010), to host the Winter Olympics. It was called a ‘money-eating hippo’, with debt alone reaching 1.189 trillion won at the time of construction due to poor sales. Since then, Gangwon-do has tried to sell privately several times, but failed. Former Governor Choi promoted an open competitive sale from October 2020, but as all four open competitive bids and two private contracts were unsuccessful, the sale price, which started at 950 billion won, was lowered to 700 billion won. For this reason, former Governor Choi is in a position that it is difficult to judge that he gave preferential treatment only on the level of the final sale price, as he managed to sell ‘money-eating hippo’ after several failed bids. Former Governor Choi, who arrived at the prosecutor’s office this morning, told reporters, “There was a process of trying to sell (selling the Alpensia Resort). He said, “I will do well in the investigative agency.” Reporter Lee Jae-ho [email protected]
2023-07-28 01:39:30
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