<Anchor>

The Secretary of State's Attorney General said he would return his family-funded private equity fund and his mother, Woongdong Institute, to the society. Instead of avoiding stinging public opinion, he insisted that he came from the heart.

This is a report from the reporter.

<Reporter>

The country's candidate held an emergency press conference and said it would return its benefits to society.

[Domestic / Ministry of Justice Candidate: My practice came from the heart, not just to avoid the rebuke of the people for a while.]

Cho says he will donate from privately funded families.

[Domestic / Minister of Justice Candidates: donate funds in their own names and their children's names to public interest corporation in accordance with the procedures established by law.]

Also, he said, "Family members, including the mother of Woongdong Institute, will lay down their positions," he said, and that the foundation will be managed by the state or the Foundation.

Candidate Jo did not say how to make a donation specifically.

There is also controversy.

In the case of Woongdong Gakuin, the biggest obstacle is to have more debt than assets.

According to the disclosure, Woongdong Institute's assets totaled 12.7 billion won, and the foundation debt revealed in the judgment exceeded 18 billion won.

In this situation, it would be difficult to find a foundation that would be in charge of paying debt to the Foundation.

There is also a way to publicize the foundation by handing it over to the state. It is also not easy because Woongdong Institute has to pay off the debt first and return the government subsidy received from the education office.

In the case of a private equity fund in which Cho's family invested 1.5 billion won, he said, “We are proceeding to settle the fund by recording a negative rate of return.” It looks potent.

In response to Cho's donation announcement, the ruling party made a "decisive decision," and the conservative opposition parties "water ride" and "social return show."