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🇰🇷 South Korea /Conflict & Security

People Power Party Intensifies Attack on Kim Seung-won, Raises Stock-Manipulation and Slush-Fund Allegations

From Chosun Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Under investigation
  • The People Power Party intensified its opposition to Justice Minister nominee Kim Seung-won.
  • The party questioned whether Kim used influence during the approval process for Genencell’s COVID-19 treatment clinical trial.
  • It also raised allegations involving stock manipulation and secret funds and called for a thorough investigation.

South Korea’s People Power Party has intensified its campaign against Kim Seung-won, the nominee for justice minister, raising allegations tied to a COVID-19 treatment developer and other financial concerns.

The party repeated claims that Kim exerted influence during the approval process for Genencell’s clinical trial. It urged a thorough investigation and focused on the company after it was identified as the developer that conveyed a complaint to Kim.

Choi Soo-jin, the party’s senior floor spokesperson, raised questions about the clinical-trial approval process in a statement on the sixth. The party also brought up allegations of stock-price manipulation and slush funds as it pressed its case against Kim’s nomination.

About this summary

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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