[Asia Economy Reporter Kwangho Lee] On the 28th, the Anti-Corruption and Civil Rights Commission announced plans to conduct a full-scale investigation into real estate transactions of members of the National Assembly and their families affiliated with the People Power Party.
On the 27th, the Commission announced via text notification that it would reveal the commencement plan for a full investigation into real estate transactions of People Power Party members on the 28th.
The Commission is expected to begin the investigation following the announcement of the plan. The scope of the investigation is anticipated to cover real estate transactions within the past seven years from the present, in accordance with the statute of limitations under the Anti-Corruption Act, similar to the previous investigation during the Democratic Party's tenure.
Chairperson Jeon Hyun-hee has recused herself from this duty again, and accordingly, Standing Commissioner Kim Tae-eung will lead the entire operation as the head of the investigation team.
Previously, on the 21st, the Commission began a full investigation into members of the National Assembly from five minor parties: the Justice Party, Open Democratic Party, People’s Party, Basic Income Party, and Transition Korea. However, regarding the People Power Party, the Commission pointed out that some consent forms for providing personal information were missing and stated that the investigation would be postponed until these were supplemented.
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