‘5 Billion Club’ Park Young-soo, former special prosecutor, finally arrested… “Worry about destroying evidence”

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Former special prosecutor Park Young-soo, who is considered a member of the ‘5 billion club’, has been arrested. It has been 1 year and 10 months since the prosecution first called and investigated former special prosecutor Park in November 2021.

Yoon Jae-nam, chief judge in charge of warrants at the Seoul Central District Court, announced the reason for issuing the arrest warrant on the 3rd, saying, “There is a risk of destroying evidence.”

After the court dismissed the arrest warrant for former special prosecutor Park in June, the prosecution has conducted a reinforcement investigation. Following the seizure and search of the former special prosecutor Park’s family residence last month, he called in former special prosecutor Park and his daughter to investigate. A supplementary investigation also added the charge of violating the Improper Solicitation and Graft Act, which was not included in the first arrest warrant request. An official from the prosecution told reporters that day, “We have more clearly identified the reason for the arrest, such as reinforcing the reason for dismissing the warrant,” and revealed the reason for re-applying for the arrest warrant.

Former Special Prosecutor Park is accused of receiving a final promise of 5 billion won from private businesses in Daejang-dong and accepting some of it토토사이트. Prosecutors believe that former Special Prosecutor Park promised to receive 20 billion won in return for participating in the Woori Bank consortium and requesting the issuance of a letter of intent for a project financing loan while serving as the chairman of the board of directors of Woori Bank from November 2014 to April 2015. . Afterwards, due to the failure to participate in Woori Bank, the amount of the contract was reduced to 5 billion won, and it is also suspected that he received 500 million won of this. There is also a charge of violating the Improper Solicitation and Graft Act in which her daughter, Park, received 1.1 billion won from former special prosecutor Park instead.

With the arrest of former Special Prosecutor Park, the rest of the ‘5 billion club’ investigation is expected to gain momentum. The ‘5 Billion Club’ first appeared in ‘Jeong Young-hak Transcript’, which contains a conversation between Kim Man-bae, the major shareholder of Hwacheon Daeyu Asset Management, and Jeong Young-hak, an accountant. Looking at the transcript, Mr. Kim said to Mr. Jeong, “How many 50 are there?” and asked the names of six people, including former special prosecutor Park, former People’s Power lawmaker Kwak Sang-do, former Blue House chief civil servant Choi Jae-kyung, former Prosecutor General Kim Soo-nam, Money Today Chairman Hong Seon-geun, and former Supreme Court Justice Kwon Soon-il. mention Prosecutors recently summoned and investigated the son of former lawmaker Kwak, who is suspected of receiving a large amount of severance pay instead of former lawmaker Kwak. An official from the prosecution said on the same day, “We are reviewing the summons of former Congressman Kwak,” and “We plan to conduct sequential investigations on the suspicions raised, such as the 5 billion club.” Former lawmaker Kwak, who was on trial for bribery charges in February, was acquitted in the first trial, but as public pressure intensified, the prosecution launched an additional investigation.

Meanwhile, former Special Prosecutor Park told reporters before the arrest warrant questioning (warrant review), “I feel sorry for each time. I will tell the story as it is in court.” However, he waved his hand and did not answer questions such as “Is the money received from private operators in Daejang-dong in return for solicitation?” and “Did you destroy evidence by smashing your phone with a hammer? In the past, former Special Prosecutor Park said, “There is no fact that he received or promised anything in return for participation in the Daejang-dong development project or financial arrangements.”

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