Kwon Seong-dong Loses Assembly Seat; Party Cries "Guilty for Opposition, Innocent for Ruling Party"

Kwon: "Let Political Retaliation Stop With Me"

Politics|
|
By Ma Ga-yeon
||
The Supreme Court finalized a two-year prison sentence for People Power Party lawmaker Kwon Seong-dong, who was indicted on charges of receiving 100 million won in illegal political funds from the Family Federation for World Peace and Unification (Unification Church). With the sentence confirmed, Kwon immediately lost his seat and is barred from running in elections for the next 10 years. News1 - Seoul Economic Daily Politics News from South Korea
The Supreme Court finalized a two-year prison sentence for People Power Party lawmaker Kwon Seong-dong, who was indicted on charges of receiving 100 million won in illegal political funds from the Family Federation for World Peace and Unification (Unification Church). With the sentence confirmed, Kwon immediately lost his seat and is barred from running in elections for the next 10 years. News1

Rep. Kwon Seong-dong of the People Power Party (PPP) lost his National Assembly seat on the 16th after a two-year prison sentence was finalized on charges of receiving illegal political funds from the Unification Church, as PPP Floor Leader Chung Jum-sik declared that "the suppression of the opposition and biased investigations will surely face the judgment of history."

Chung held a press conference at the National Assembly that day and made the remarks, saying, "My heart ached upon hearing the news of the Supreme Court's ruling on Rep. Kwon." While stating that "we accept the Supreme Court's ruling," he pointed out, "However, this case began with an investigation by the Min Joong-ki special counsel, which covered up the suspicion of the Unification Church's bribery involving Busan Mayor Jeon Jae-soo and let the statute of limitations lapse."

He continued, "From the Min Joong-ki special counsel to the three comprehensive special counsels, investigations were launched only into testimony concerning opposition politicians," rebuking it as "guilty for the opposition, innocent for the ruling party."

Directed at the Supreme Court, he urged, "If trials of opposition politicians are handled swiftly while trials of the highest power holder drag on endlessly, the judiciary cannot earn the people's trust," adding, "Please make efforts so that the five trials of the highest power holder can be resumed promptly."

Kwon, whose loss of his Assembly seat has been finalized, said through Facebook, "I cannot hide my deep regret over the judgment of facts and the application of legal principles," while adding, "I will humbly accept the judiciary's final decision." He continued, "The mobilization of state institutions to bring down one person, and the shaking of laws and systems to topple one political party, must now stop," adding, "I hope political retaliation ends with me alone."

Original reporting by Ma Ga-yeon for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

Watch · Seoul Economic Daily

More →
2:32

AI KEY

Preview
Korean Corporate Intelligence HubKOSPI · KOSDAQ · 12 sectors

A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.

Korea Company Atlas

Preview
Market Ontology · The Feedback LoopKFTC 2025 · 92 groups · 121,954 articles

An English ontology of the Korean market — how companies, the media, the government and the National Assembly move each other in a loop. Korea's named controlling persons and designated business groups are a mechanism, not a risk to be priced blind.

SIGNAL

Pre-register
English Edition · Capital MarketsM&A · IPO · PE · Fund Flows

Pre-register for SIGNAL English Edition — a premium subscription bringing Korean capital markets coverage (M&A, IPOs, private equity, fund flows) to global institutional investors. First access to the 50% introductory rate.