People Power Party's Kweon Seong-dong, the floor leader, said, "This presidential election is one where we must hold Lee Jae-myung's faction politically accountable and kick Lee Jae-myung out," adding, "We will definitely win this presidential election to thwart the attempt of Lee Jae-myung's faction to conceal their crimes," on the 18th.
Kweon, the floor leader, said during the party's floor strategy meeting that Lee Jae-myung's faction is scheming to take power to conceal crimes they committed in the past and evade investigation and punishment.
The "concealment of crimes" he referred to signifies the results of the audit announced by the Board of Audit and Inspection the previous day. According to the Board's announcement, the Moon Jae-in administration is said to have distorted major national statistics since 2018.
Kweon noted that "there are a staggering 102 cases of statistical manipulation related to housing prices confirmed by the Board of Audit and Inspection" and added, "Manipulations to conceal the failure of the Moon Jae-in administration's representative policy, income-led growth, have also come to light." He continued, "The Democratic Party has concealed all these failures with statistical manipulations and has built a tower of lies on top of the people's suffering."
He said, "As the tower of lies (the Democratic Party) is about to collapse, they impeached the Board of Audit and Inspection Chairperson Choi Jae-hae," adding, "Furthermore, Lee Jae-myung is trying to transfer the Board of Audit and Inspection under the control of the National Assembly seized by the Democratic Party and is attempting to eliminate the possibility of investigation and punishment altogether by completely dismantling the prosecution." He added, "The public feels anger beyond shock over this crime against the national flag."
Meanwhile, Kweon commented on the previous day's failed reevaluation of the corporate law amendment, which expanded the duty of care of directors from merely "the company" to "the company and shareholders," saying, "We will actively engage in discussions with the Democratic Party to ensure that the capital market law amendment introduced as a party line is passed."
He stated, "The (amendment to the corporate law that was rejected the previous day) regulates not only listed companies but also all non-listed companies, making the regulations excessively burdensome," adding, "Our party has prepared a capital market law amendment to protect minority shareholders during mergers and acquisitions (M&A) or partitioning of listed companies." He continued, "If the capital market law amendment passes, it could significantly enhance the protection of individual investors."