South Korean prosecutors indict the representative of the largest opposition party without detention... breach of trust of at least 20 billion won

South Korean prosecutors, who have been investigating the Baek-hyun-dong development scandal, have put Lee Jae-myung, the representative of the Democratic Party of Korea, the largest opposition party, on trial without bond.
On the 12th, the Seoul Central District Public Prosecutors Office's Anti-Corruption Investigation Department indicted Lee Jae-myung and Jeon Jin-sang, former president of Seongnam City, for violating the Act on Aggravated Punishment of Specified Economic Crimes (criminal breach of trust).
announced. According to the prosecution, the defendants conspired with each other to advance the development project in Bahyeon-dong from 2014 to 2018, at the behest of broker Kim In-seop.
The Seongnam Urban Development Corporation was excluded from the project, and a company run by private contractor Jeong Ba-eul was allowed to proceed with the Baekhyeon-dong development project as Exclusive.
Subsequently, the four levels of zoning were revised upward, the floor area ratio was increased, the ratio of rental apartments was reduced, and donations were accepted.
The company received a profit worth 135.6 billion won (approximately 15 billion yen) by providing a number of preferential benefits, including changes in eligibility. Kim In-seop received approximately 7.7 billion won from Jung Ba-eul in return for the commission.
The victim, the Seongnam Urban Development Corporation, could have received at least 20 billion won if it had participated in the project, but it was unable to receive the money and received 20 billion won.
It suffered considerable damage. The Seoul Central District Prosecutors' Office said, ``We have faithfully examined the evidence and legal principles in numerous cases involving Representative Lee,'' and ``we have also examined the relevant legal principles in the remaining cases of inciting perjury and remittances to North Korea.''
We will consider the necessity of further investigation and resolve the matter as soon as possible." In addition, ``In order to ensure the maintenance of future public prosecutions, we have filed a new indictment in addition to the trial that is already underway.''
We will do our best to ensure that criminal punishment is meted out in accordance with the crime."