Repackaging 10,000-Won New and Old Banknotes Together
There was testimony that cash buried in Jeon Du-hwan's house in Yeonhui-dong was repackaged.
On the 17th, Park Byung-gil, PD of KBS's investigative program Sisa Jikgyeok, who has been tracking Jeon’s slush funds, said that he succeeded in hearing testimony from Choi, the second wife of Jeon Jae-yong, Jeon’s second son, and the mother of Jeon Woo-won, for the production of the program.
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PD Park stated, "Choi said, 'At my father-in-law’s Yeonhui-dong residence, there were large bundles of old 10,000 won bills whose origin was unknown. Since the old bills couldn’t be used as they were, the daughters-in-law gathered to repackage them mixed with new 10,000 won bills.'"
He added, "The bills had been stored for so long that bugs appeared," and "Choi vividly recounted her experience, saying, 'I’m afraid of bugs, but I had to force myself to do that work,'" allowing an estimate of the scale of Jeon Du-hwan’s slush funds.
The 10,000 won bill first appeared in 1983, had an anti-counterfeiting hologram added in 1994, and was redesigned in January 2007.
It is presumed that Choi’s repackaging of the money bundles took place around 1994, because Jeon Jae-yong entered a common-law marriage with actress Park Sang-ah in the late 1990s. By 2007, when the new design 10,000 won bill was issued, Park Sang-ah had given birth to a daughter and was regarded as the second daughter-in-law, and Choi had divorced Jeon Jae-yong around that time. Therefore, the only period when Choi could have done the repackaging work at the Yeonhui-dong residence was around 1994.
The appearance of Mrs. Lee Soon-ja, claimed to have been filmed by Mr. Jeon Woo-won at the screen golf course installed in the late former President Jeon Du-hwan's residence in Yeonhui-dong, Seoul.
Meanwhile, Jeon Du-hwan’s grandson, Jeon Woo-won, previously revealed that "if you push the wardrobe wall that grandmother (Lee Soon-ja) uses, there is a safe, and if you go to the end of the corridor near the storage room and push the wall, there is another safe," and that "there was always cash full in grandfather’s study," exposing the fact that Jeon Du-hwan’s slush funds were in the Yeonhui-dong residence.
Jeon Woo-won added, "Because the money was laundered, it cannot be traced. Those who helped with the money laundering were rewarded so much that they were loyal and still keep silent," and "They probably received companies or apartments as compensation."
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