An arrest warrant request filed by prosecutors against former lawmaker of the main opposition People Power Party (PPP) Kwak Sang-do on the charge of peddling influence in the Daejang-dong development was dismissed by a Seoul court Wednesday evening.
Prosecutors sought an arrest warrant Monday for a former lawmaker on charges of accepting bribes in the form of a severance payment for his son, who was employed at an asset management company at the center of a major development corruption scandal.
Ruling Democratic Party presidential candidate Lee Jae-myung said Wednesday that he "has no choice but to strongly request an independent counsel probe," as demanded by the People Power Party with regards to the Daejang-dong corruption scandal.
Prosecutors investigating the Daejang-dong development corruption scandal on Wednesday raided the home and office of former People Power Party lawmaker Kwak Sang-do.
The ruling Democratic Party's (DP) presidential candidate Lee Jae-myung said Wednesday that he would conditionally accept an independent counsel probe into the Daejang-dong development corruption scandal.
The main opposition People Power Party's (PPP) presidential candidate Yoon Seok-youl wasted no time after his nomination Friday to call for an independent counsel probe into the Daejang-dong development corruption scandal.
The Seoul Central District Court on Thursday issued an arrest warrant for two key figures at the center of the Daejang-dong development corruption scandal on grounds that they posed a flight risk.
The owner of a small company at the center of the Daejang-dong corruption scandal on Wednesday denied committing wrongdoing in the development project in Seongnam, Gyeonggi, saying that he and his company were just obeying the rules.
The Seoul Central District Prosecutors' Office on Monday indicted the former head of the Seongnam Development Corporation, for breach of trust and asked for arrest warrants for three other key figures in the Daejang-dong development scandal.
The government will look into the regulations to see if it can recoup excessive profits private developers pocket from real estate development projects. It was a response to a Seongnam governmennt development project scandal.