<Anchor> The
prosecution, which is investigating the suspicion of Daejang-dong development, has launched a search and seizure of former lawmaker Kwak Sang-do and Hana Bank. It was revealed that the son of former lawmaker Kwak received 5 billion won in the name of severance pay from 'Hwacheon Daeyu', a development company in Daejang-dong
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<Reporter>
From the morning of the 17th, the Seoul Central District Prosecutors' Office has been raiding and searching the residence of former lawmaker Kwak Sang-do and his former office.
It has been revealed that Kwak's son received a large sum of 5 billion won when he retired after serving at Hwacheon Daeyu Asset Management, which participated in the Daejang-dong development project.
Prosecutors are suspecting whether former lawmaker Kwak helped Hwacheon Daeyu Asset and received this money through his son in return.
Prosecutors have been investigating the allegations against Hwacheon Daeyu's major shareholder, Kim Man-bae, lawyer Nam Wook, and Hana Bank officials. is said to have been captured.
When the Hana Bank consortium, in which Hwacheon Daewoo participated, was on the verge of collapse, former lawmaker Kwak, who was asked by Kim Man-bae, the major shareholder of Hwacheon Daeyu, exerted influence on Hana Financial Group to prevent the consortium from being dissolved.
Prosecutors have also sent investigative personnel to the Hana Bank headquarters from the morning to conduct a search and seizure at the same time.
Prosecutors also frozen 10 accounts of his son Byeong-chae last month, believing that the severance pay received by Kwak's son was in return.
Former lawmaker Kwak and Kim Man-bae are denying the allegations that they do not know each other well.
As soon as the prosecution analyzes the seized material, it plans to call in Kwak to investigate.