Particle.news

Download on the App Store

South Korean Parliament Schedules Two-Day Hearing for Kim Min-seok Over Political Fund Scandals

Lee Jae-myung insists his nominee will clarify past convictions during the session next week

PM nominee receives briefings on society
Image
Prime Minister nominee Kim Min-seok arrives at his temporary office in Seoul on June 18, 2025. (Yonhap)
Prime Minister nominee Kim Min-seok attends a press briefing for foreign journalists at the Korean Press Center in Seoul on June 17, 2025. (Pool photo) (Yonhap)

Overview

  • The opposition People Power Party has intensified calls for Kim Min-seok to withdraw and proposed a special counsel probe into his fund violations
  • Lawmakers set the confirmation hearing for next Tuesday and Wednesday under a deadline to complete sessions by June 25
  • Kim was convicted by the Supreme Court in 2005 and 2010 for breaching the Political Funds Act in separate slush fund cases involving more than 900 million won in illegal contributions
  • Disclosure documents show Kim’s declared net assets rose by about 800 million won over five years despite his parliamentary salary, raising questions about undisclosed income
  • Kim has blamed the charges on political prosecution, defended his record on social media and promises to address scrutiny of his loans from businessman Kang