<Anchor> The
arrest warrant for former lawmaker Kwak Sang-do, who is accused of receiving a large sum of money for his son in exchange for providing convenience to the Daejang-dong business, has been dismissed. The court's judgment is that the prosecution's explanation for the reason for the arrest is insufficient.
By Park Chan-beom.
<Reporter> The
dismissal of the arrest warrant for former lawmaker Kwak Sang-do was decided past 11 pm yesterday (1st).
The court explained the reason for dismissal, saying that there was room for contention over whether a crime was established, so it was necessary to guarantee the right to defend the suspect, and the necessity and reasonableness of arrest were insufficient.
[Kwak Sang-do / Former Member of Parliament: Thank you very much for making a wise decision from the judiciary. I think the trial stage may be left in the future, but in the trial stage, I have to faithfully explain my innocence... .]
Prosecutors saw that former lawmaker Kwak took the profits after helping Mr.
It is said that former lawmaker Kwak exerted influence over Hana Financial Chairman Kim Jeong-tae so that Hwacheon Daewoo could form a consortium with Hana Bank, and Hwacheon Daewoo paid 5 billion won to Kwak's son in the name of severance pay in return. It is the judge's decision.
Excluding taxes, about 2.5 billion won went to Kwak's son.
Former Rep. Kwak denies all these allegations surrounding him, but he is in the position of not knowing when and how he received a request from Kim Man-bae, the owner of Hwacheon Daewoo.
[Kwak Sang-do / Former Member of Parliament: It has nothing to do with anything.
I told a bank official that I was never involved, and that I was not involved since
I was a member of the parliament
.] As the
court dismissed Kwak's arrest warrant, the prosecution's investigation into the '5 billion won Promise Club' was disrupted. The prospect of debt.