As the prosecution investigation into the Daejang-dong development lobby and suspicions of preferential treatment has passed over a month, it is developing into a large stream of breaches of authority and abuse of authority aimed at the 'superior'.
If the prosecution fails to reveal the allegations of 'deleting excess profit recovery clause' surrounding the development project design process and 'forced resignation' of former Seongnam Urban Development Corporation president Hwang Moo-seong, it is inevitable that they will be criticized for investigating the Yongdusami.
According to the legal community, the prosecution suspects that the Seongnam Urban Development Corporation's executives and private operators have conspired to commit a breach of trust throughout the Daejang-dong development project.
Investigation into allegations of breach of trust against former Seongnam Urban Development Corporation's planning division head Dong-gyu Dong, who was already indicted on bribery charges and awaiting trial, is also ongoing.
There are two main parts that are suspicious.
The construction revenue distribution method, which was originally designed as a 'proportional type' that takes a certain portion of the total revenue, has been changed to a 'fixed type' and the 'excess profit recovery clause' to prevent excessive profits from returning to the private sector is missing.
In this regard, Lee Jae-myung, the presidential candidate of the Democratic Party of Korea, who led Seongnam city administration at the time of the project, said at a press conference to resign as the governor of Gyeonggi Province earlier, "I'm joking with proportions, so I decided to 'confirm'."
However, Lee explained that this decision was not to limit the company's profits, but to reduce the risk of taking a loss in the real estate recession and bring stable profits.
Another issue, the 'excess profit recovery clause', has subtly changed its position.
At the National Assembly Administrative Stability Committee audit on the 18th, he said, "I did not delete the (excess profit recovery clause), but did not accept the suggestion of the front-line staff to add it." He explained that he did not know because he did not receive a report at the time.
In this regard, the People's Power launched an offensive, claiming that Lee had 'perjured' by changing the word.
The focus of the investigation is likely to focus on whether the excess profit redemption clause was intentionally deleted and who was involved in making these decisions.
However, there is a debate as to whether the deletion of the provision can be directly linked to breach of trust, as the rule on the return of excess profits can discourage private business operators from participating.
Prosecutors also need to examine whether there was anyone's intention to increase the private sector's share in the background of designing the construction profits as a definite form.
Opposition parties suspect that Kim Man-bae, a major shareholder of Hwacheon Daeyu, who participated as a private business operator, and Nam-wook, a lawyer, may have created such a business structure by lobbying.
Another branch of the prosecution's investigation going up the 'upper line' is the suspicion of 'forced resignation' against former president Hwang Moo-seong.
Former president Hwang, who served as the first president of the corporation, recently claimed in a media interview and statement that Seongnam City was the reason for his resignation after failing to fulfill his tenure.
The transcript he released also included Yu Yuhan-ki, the former head of the development business division of the Corporation, urging him to resign as president and saying, "I did it at the mayor's order."
After the allegations were raised, a civic group filed a complaint against Lee's close associates, such as Jeong Jin-sang, former head of the Seongnam City's policy office, and Lee, on charges of abuse of power and obstruction of the exercise of rights.
Candidate Lee denied that he or his aides were involved in Hwang's resignation.
Referring to the part where former president Hwang was accused of fraud during his tenure as president, he also argued that the allegation itself was a 'self-made play'.
As the claims of both sides are completely different, it is observed that the statement of former general manager Yuhan-gi Yu, who served as a 'messenger' between the former president Hwang's 'superior' and him, will be the key to finding out the truth.
In a recent statement, former general manager Yoo explained that the resignation of former president Hwang was because he was charged with fraud, but it was pointed out that such an explanation was not convincing because it did not appear in the transcript.
Prosecutors are also known to have caught a situation where he received 200 million won in back money from private businesses such as Kim Man-bae.
Prosecutors plan to call Yoo in the near future and ask who gave the order to resign and whether or not he received money from Mr. Kim and others.