Kim Yong received 600 million won through a private company in Daejeon-dong... 1·2심서 징역 5년 선고
Quick Look
People Power Party lawmaker Park Jeong-hoon claimed that Kim Yong, former vice president of the Democratic Research Institute, was sentenced to five years in prison in the first and second trials for receiving 600 million won in illegal political funds from a private business in Daejang-dong, and that this money was used to manage seven outlying organizations, including the basic income movement headquarters in which former ministerial candidate Yong Hye-in participated.
AI-generated summary
Why It Matters
Kim Yong, former vice president of the Korea Institute for Democracy, was indicted on charges of receiving illegal political funds from a private business in connection with the Daejeon-dong development project and was sentenced to five years in prison in the first and second trials. The appeal trial is currently in progress.
“Kim Yong received 600 million won through a private business in Daejeon-dong… Sentenced to 5 years in prison in the first and second trials.”
“It appears to have been used to build an outlying organization… to manage Yonghyein’s organization, etc.”
(Seoul = Yonhap News) Reporter Kwon Hee-won = People Power Party lawmaker Park Jeong-hoon raised suspicions on the 7th that illegal political funds received by Kim Yong, former vice president of the Korea Institute for Democracy, a 'close associate' of President Lee Jae-myung, from a group of private businessmen in Daejang-dong were flowed into an outlying organization where Yong Hye-in, a candidate for Minister of Gender Equality and Family, previously worked.
In a Facebook post on this day, Rep. Park said, "Kim Yong-eun, who was the general manager of Lee Jae-myung's primary campaign in 2021, received illegal political funds of about 600 million won through Nam Wook, Jeong Min-yong, and Yoo Dong-gyu to create an outlying organization, and was sentenced to 5 years in prison (appeal trial in progress)." He added, "This money was used to manage 7 organizations, including the 'Basic Income Movement Headquarters' in which Yong Hye-in participated." “It was stated in the ruling,” he said.
The first trial ruling quoted by Rep. Park states that former Deputy Director Kim began preparing to form a presidential primary camp for President Lee around late July 2020, and then, following the proposal to establish a basic income movement headquarters on November 19, 2020, 17 regional headquarters were launched, starting with the Gyeongnam headquarters, by April 2021.
In addition, it was stated that the 'Lee Jae-myung primary camp organization plan' established by former Deputy Director Kim included contents such as "quickly establishing an external group such as a forum that is in line with Governor Lee Jae-myung's political philosophy" and "establishing an expert group to expand popular values through organizations such as the 'Basic Income Committee' and the 'Basic Housing Committee' as professional organizations or institutions."
Representative Park said, "The outlying organizations listed in the ruling include the Basic Income Movement Headquarters launched in December 2020, Daedong World Research Association, Gwangju/Jeonnam Hope Ladder Forum, Hope 22 Forum, and Fair Ladder Forum." He added, "The actual activity period of the seven organizations overlaps with April to August 2021 when Kim Yong received funds, and 600 million won of illegal funds were used to manage Yong Hye-in's organization. “I can see it,” he wrote.
In particular, the Basic Income Movement Headquarters held an inauguration press conference at the National Assembly Discussion Hall in November 2020, and Candidate Yong, who was a first-time member of the National Assembly at the time, attended all of the launch ceremonies of the Seoul, Gyeonggi, Incheon, and South Chungcheong headquarters of the Basic Income Movement Headquarters, Rep. Park said.
Representative Park emphasized, "The 'Basic Income Network' to which Yong Hye-in belongs began a symbiotic relationship in October 2015 when Lee Jae-myung announced his plan to promote youth dividends. In Seongnam, Gyeonggi-do, and in the 2022 presidential election, Lee Jae-myung's basic income was also floated, and it is confirmed that key figures in the basic income network were involved in this process."
He added, "Candidate Yong co-hosted the 'Gyeonggi-do basic housing' policy debate with President Lee in line with President Lee's basic income pledge during the 2022 presidential election."
What to Watch
AI outlook — possibilities, not facts
There is a possibility that the prosecution will summon Yong Hye-in or conduct an investigation.
Possible · Within weeks
Open Questions
- Whether Hyein Yong was actually directly involved in managing the funds in question?
- Specific usage details and flow of 600 million won
- Whether the prosecution plans to proceed with an investigation into Yong Hye-in






