Trial Begins for Daughter of Ex-Special Prosecutor Park Young-soo Over Preferential Apartment Allocation in Daejang-dong; Denies Charges

The daughter of former Special Prosecutor Park Young-soo, who was indicted on charges of receiving preferential allocation of an apartment in Daejang-dong, has denied the charges during her first trial hearing.

Judge Choi Ji-yeon of Criminal Single Division 9 at the Seoul Central District Court held the first trial session on the 27th for Park's daughter, surnamed Park, and Lee Sung-moon, former CEO of Hwacheon Daeyu, who were both indicted for violating the Housing Act.

Park's legal team stated, "We acknowledge that she worked at Hwacheon Daeyu in charge of relocation measures and signed the apartment pre-sale contract," but added, "We deny the remaining facts of the indictment, including the claim that she failed to meet the conditions or requirements for eligible residents."

Meanwhile, the legal team for former CEO Lee admitted to the charges.

The corporate entity of Hwacheon Daeyu, which is also on trial for violating the Housing Act, denied the charges, stating, "We did not supply housing to Park and others through fraudulent methods."

The court requested the submission of related materials, such as market profit margins, noting that the fine could vary depending on the profits gained from the fraudulent housing supply, and decided to continue the trial on October 22.

Park is accused of receiving an apartment in Daejang-dong held by Hwacheon Daeyu at half the market price in June 2021 without going through an open recruitment procedure, despite failing to meet the residency requirements.

Investigators found that Park joined Hwacheon Daeyu in June 2016 through the arrangement of Kim Man-bae, a private developer of the Daejang-dong project, and worked there until September 2021, acquiring a market profit of about 800 million won by being allocated the apartment.

Former CEO Lee was indicted along with her on charges of arbitrarily supplying the apartment despite knowing that Park did not meet the residency requirements.

Previously in May, the prosecution summary-indicted former CEO Lee and Park, requesting fines of 5 million won and 3 million won, respectively.

A summary indictment is a procedure in which the prosecution asks the court to issue a fine through a written review without a formal trial.

However, the court determined that the case needed to be reviewed through regular trial proceedings and referred it to a formal trial.

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.