"No Illegal Activity in the Stock Sale Process"
Special Prosecutor Min Jung-ki, who is overseeing the investigation into allegations related to Kim Keon-hee, denied reports on the 27th claiming that he had offered to resign following suspicions of undisclosed stock trading.
The special prosecutor's team announced to the media on this day, "We would like to clarify that the report stating that Special Prosecutor Min Jung-ki visited the presidential office in Yongsan to offer his resignation, but that the presidential office rejected it, is not true."
Special Prosecutor Min Jung-ki, investigating various allegations related to Kim Keon-hee, wife of former President Yoon Seok-yeol, is speaking after unveiling a nameplate in front of the office set up at the KT Gwanghwamun Building in Jongno-gu, Seoul on July 2. Photo by Joint Coverage Team, Yonhap News.
Earlier, a media outlet reported that Special Prosecutor Min had visited the presidential office directly to express his intention to resign immediately after suspicions of undisclosed stock trading surfaced, but that the presidential office's civil affairs team asked him to remain in his position until the end of next month and rejected his resignation.
In 2010, when Min was serving as a presiding judge at the High Court (vice-ministerial level), it was revealed that he sold shares of Neosemitech, a solar material company that had been caught for accounting fraud, making profits of over 100 million won. This led to suspicions that he may have used undisclosed information.
In response, the People Power Party recently filed a complaint against him for alleged violations of the Capital Markets Act, and the case is currently being investigated by the Jongno Police Station in Seoul.
On the 20th, Special Prosecutor Min personally explained, "There was no use of undisclosed information or any illegal activity in the process of acquiring and selling the stocks."
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