People’s Power said on the 15th that the Democratic Party of Korea raised the suspicion of trust in Yangpyeong land title trust by Choi Eun-soon, the mother-in-law of presidential candidate Yoon Seok-yeol, saying, “The repeated allegations of borrowed-name real estate are groundless.”
Lee Yang-soo, senior spokesperson for the fleet headquarters, said in a press announcement today, “The Democratic Party is distributing press releases such as borrowing names if provisional registrations are set in the registered copies or if only collateral is provided to financial institutions, but none of these are true.”
“The land that the Democratic Party raised suspicions has been owned by Choi and a close relative for decades, and it was provided as collateral along with other land owned by Choi at the time of receiving a loan,” he explained.
The claim is that Choi’s relatives only provided the convenience of providing land as collateral to Choi, who has sufficient ability to repay the loan, and not ‘borrowed property’.
Senior Spokesperson Lee said, “We regret that the Democratic Party is spreading false information every day or not because it reflects the performance in the election in the nomination screening.”
Earlier this morning, the Democratic Party announced that it had confirmed that Choi Eun-soon, the mother-in-law of Candidate Yoon Seok-yeol’s mother-in-law, had secured a mortgage on the land in Yangpyeong owned by others.
The previous issue response TF claimed through a press release, “This is the 4th confirmed real estate suspected of title trust after 5 lots in Byeongsan-ri, Gangsang-myeon, Yangpyeong-gun, 160,000 pyeong of forest in Dochon-dong, Jungwon-gu, Seongnam-si, and luxury apartments of 60 pyeong in Songpa-gu.”
According to the TF, the land in question is farmland in Gyopyeong-ri, Gangsang-myeon, Yangpyeong-gun (a total of 4,872㎡, about 1,473 pyeong), and it is registered in front of Mr. Kim, who was born in 1954.
On this land, from August 2011 to the present, a close mortgage of 2.477 billion won was established four times in a total of about 10 years, and all debtors according to the near-mortgage right are said to be Mr. Choi.
The TF said, “It is not the only case that Mr. Choi has set up a mortgage with real estate in someone else’s name as collateral. He said, “I have set up a close mortgage and received a loan.”
Rep. Kim Byung-gi, the head of the TF standing group, said, “This is not the first time Mr. Choi’s extraordinary loan technique, in which he borrows someone else’s land as if it were his own, as if it were his own.” I did.