Young-Seok Seo owns hundreds of millions of real estate near the 3rd new town of Euiwon-do

Together with Democratic Party lawmaker Seo Young-seok, speaking at the Gyeonggi-do National Assembly member-invited policy meeting held at a hotel in Yeouido, Seoul on the 3rd. Rep. Seo Young-seok Facebook capture

It was confirmed on the 11th that a member of the Democratic Party, Seo Young-seok (Bucheon-jeong, Gyeonggi), owns real estate worth hundreds of millions of won, including a development restricted area (Green Belt), near the Daejang District of Bucheon, Gyeonggi Province, which was designated as the third new city. Rep. Seo purchased the real estate in 2015, before the 3rd new city designation, but there were good benefits related to development such as the metropolitan railway project at that time. Moreover, it seems difficult to avoid the’conflict of interest’ controversy in that Rep. Seo was a member of the local council who could first access information on development at the time.

Purchasing’land, shopping malls, multi-family housing’ when serving as a Gyeonggi-do Clinic

According to the announcement of the property of a new member of the National Assembly Public Service Ethics Committee, which was released in August last year, Rep. Seo owns 438.5m2 of land and 175.5m2 of neighborhood living facilities in Gogang-dong, Bucheon-si. Rep. Seo also reported 31.72㎡ of multi-family housing in Wonjong-dong, Bucheon-si under the name of the eldest daughter. Last year, he reported a total of 429.24 million won for the real estate price (23,359 million won for neighborhood living facilities, 13,725 million won for land, 58.4 million won for multi-family housing). However, according to the Democratic Party’s guidelines for disposing of multiple houses, Congressman Seo sold the eldest daughter’s multi-family housing for 85 million won in August last year. The real estate owned or disposed of by Rep. Seo is about 1.5 km away from the 3rd new town of Bucheon Jangjang district, and all of them are Seo-won districts.

The area around Gogang-dong, Bucheon-si, Gyeonggi-do, where the real estate purchased by Congressman Seo is located. Reporter Hong In-ki

Rep. Seo purchased the property on August 5 and 6, 2015, when he served as a Gyeonggi-do councilor. There is a time difference of about 4 years and 9 months from the time when the Ministry of Land, Infrastructure and Transport designated Bucheon as a public housing district in May of last year. The problem is that there was good development in this area even when Seo bought the real estate. In November 2015, Seoul Mayor Park Won-soon and Gyeonggi Governor Nam Gyeong-pil agreed to jointly promote the wide-area railroad project between Wonjong and Hongik University in Bucheon. Among the Hongdae routes, Gogang-dong, where the Seogwon estate is located, was included. According to Bucheon City, Wonjong Station and Gogang Station will be newly established in this area.

In addition, Congressman Seo also raised the need for Wonjong-Hongdae-seon while acting as a member of the construction and transportation committee of the Gyeonggi-do council. According to the record of the Gyeonggi-do Council Construction and Transportation Committee in September 2017, Rep. Seo told the Gyeonggi-do Railway Bureau chief at the time, “Because we made a lot of effort until the Wonjong-Hongik University entrance subway is reflected in the 3rd national rail network plan, so that this can be realized. ) I would like to ask you to select an assignment.”

Rep. Seo clarified “investing by introducing acquaintances to keep money”

Regarding the background of the real estate purchase, the lawmaker clarified on the day that “I bought the land by introducing an acquaintance, and the multi-family house was purchased for the residence of the eldest daughter, but there was no purpose for speculation.” Rep. Seo, a former pharmacist, explained, “The building where the pharmacy was occupied was renovated, and it took about two years to be rebuilt, and the property was purchased as part of private expenses.” But the fact that some of his real estate is tied to the green belt raises doubts about this explanation. As Congressman Seo explained, if the intention was to invest extra funds for two years, it is because there is no reason to purchase a green belt site that is difficult to recover funds in a short period of time.

It is also unclear that Rep. Seo shares the property by half with a specific person. Regarding this, the lawmaker said, “My friend is doing real estate, and he seemed to have a relationship with Mr. A,” and said, “I did it because (my friend) asked me to invest extra money there.” Rep. Seo denied the possibility of a favorable development, saying, “There are two large avenues between the Daejang district and the Daejang district,” even about the fact that it is 1.5km away from the Daejang district of Bucheon, the third new city. Rep. Seo also said, “I bought a multi-family house in the name of the eldest daughter, but that was bad. After that, the party asked me to arrange the multi-family house and sold it,” he said, “it has nothing to do with the development area.”

I am not eligible for voluntary reporting by the Democratic Party

Kim Tae-nyeon (left), as well as the Democratic Party’s deputy representative and in-hospital representative, visited the National Assembly Chairman’s Office on the 11th to deliver a proposal for a total real estate investigation of the 21st National Assembly member by Park Byeong-seok. News 1

On that day, the Democratic Party proposed a full investigation of 300 members of the National Assembly to the opposition party regarding the alleged speculation of employees of the Korea Housing and Land Corporation (LH). The Democratic Party’s Ethics Inspectorate has received voluntary reports on speculation in the 3rd new city until the day before, and is conducting self-investigation with the party’s lawmakers, assistants, and local council members. However, there was no investigation into the purchase of the real estate of Congressman Seo. This is because Gogang-dong was not included in the Daejang District of Bucheon, the third new city administratively. Previously, Kim Gyeong-man (Proportional Representative) Democratic Party member’s’split speculation suspicion’ was not included in the Gwangmyeong and Siheung districts, which are the 3rd new towns in the administrative district of Janghyeon-dong, Siheung-si, Gyeonggi-do. That is why it is pointed out that the Democratic Party’s own investigation at the level of the ethics inspection team will not be effective.

Hong In-taek reporter

Esther Intern reporter

Seoeun Choi Intern reporter

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