The substantive examination of the arrest warrant for Kim Yong-yong, vice president of the Institute for Democracy, will be held today (21st) at 3:30 pm at the Seoul Central District Court.
The 3rd division of the anti-corruption investigation of the Seoul Central District Prosecutors' Office requested an arrest warrant for Kim Yong-yong, vice president of the Institute for Democracy, on charges of violating the Political Fund Act early this morning.
Deputy director Kim Dong-gyu, former head of the planning division of Seongnam Urban Development Corporation, conspired with Attorney Min-yong Jeong and from April to August last year on charges of receiving 847 million won of illegal political funds from lawyer Nam Wook, a private contractor in Daejang-dong, on four occasions. are receiving.
The prosecution's point of view is that the money may have been used to fund President Lee's presidential election, as the specific time the money was sent was when the Democratic Party of Korea was preparing for the presidential election.
Deputy Director Kim was in charge of organizational management and other tasks as general deputy general manager at this representative camp at the time of the primary election.
Deputy Director Kim said, "The allegation that illegal funds were given to those involved in the Daejang-dong project is not true at all," he said.
It seems that the initial direction of the investigation into the presidential election fund related to Democratic Party leader Lee Jae-myung will largely depend on whether or not Vice-Chairman Kim is arrested.
Arrest will be decided as early as tonight.