ROK opposition leader charged with orchestrating remittances to North Korea



News ROK opposition leader charged with orchestrating remittances to North Korea Lee Jae-myung is accused of conspiring with officials to send $8M to the DPRK during his tenure as Gyeonggi governor Joon Ha Park \| Lina Park June 12, 2024 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON DP leader Lee Jae-myung addresses reporters after the Seoul Central District Court rejected a warrant for his arrest, Sept. 27, 2023 \| Image: Democratic Party South Korean prosecutors have indicted Lee Jae-myung, the leader of the country’s main opposition Democratic Party (DP), on charges of allegedly orchestrating unauthorized remittances to North Korea in exchange for business favors. The DP confirmed the indictment in a statement accusing prosecutors of attempting to politically suppress the opposition. Lee is reportedly accused of conspiring with former government officials and the chairman of underwear manufacturer Ssangbangwool Group to send $8 million to North Korea in 2019 and 2020 during his tenure as governor of Gyeonggi Province. In return for these funds, Lee allegedly offered government backing and assurances of support © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update & Podcast Updates Start your day with the North Korea stories that matter most – as selected by Trending

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ROK opposition leader charged with orchestrating remittances to North Korea

Lee Jae-myung is accused of conspiring with officials to send $8M to the DPRK during his tenure as Gyeonggi governor

Joon Ha Park | Lina Park June 12, 2024

ROK opposition leader charged with orchestrating remittances to North Korea

DP leader Lee Jae-myung addresses reporters after the Seoul Central District Court rejected a warrant for his arrest, Sept. 27, 2023 | Image: Democratic Party

South Korean prosecutors have indicted Lee Jae-myung, the leader of the country’s main opposition Democratic Party (DP), on charges of allegedly orchestrating unauthorized remittances to North Korea in exchange for business favors.

The DP confirmed the indictment in a statement accusing prosecutors of attempting to politically suppress the opposition.

Lee is reportedly accused of conspiring with former government officials and the chairman of underwear manufacturer Ssangbangwool Group to send $8 million to North Korea in 2019 and 2020 during his tenure as governor of Gyeonggi Province.

In return for these funds, Lee allegedly offered government backing and assurances of support

About the Authors

Joon Ha Park

Joon Ha Park is a correspondent at Korea Risk Group. He has previously written on issues related to the two Koreas at The Peninsula Report, and appeared on ABC News Australia, Deutsche Welle and Monocle Radio. He specializes in offering in-depth analyses of South Korea’s defense policy, security relations and domestic politics for Korea Pro.

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Lina Park

Lina Park is the Digital Communications and Events Manager at Korea Risk Group. She previously worked at the Business and Finance desk of The Korea Herald and as a news trainee at NK News. Her past research experience includes work on North Korean human rights at HanVoice and South Korea’s foreign relations at the Asia Pacific Foundation of Canada.

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