Justice Minister Han Dong-hoon defined the Korean securities investment market as an economy for the common people by defining it as “multiple damage to the common people in securities crimes” and revived the method of giving indulgences to the FSC and the Exchange, which are key parties in the financial securities case, as direct subordinates.
In an answer to the National Assembly on the 20th, Minister Han said, "I think the reason for the state's existence is to hold people accountable until the end for crimes that harm the common people."
Minister Han continued, "I cannot mention specific cases, but the government should take strict measures against economic criminals that have caused great damage to the common people." “I did what I had to do quickly because there was a message from me,” he said.
In February 2014, the prosecutors led the National Tax Service, the Financial Services Commission, the Financial Supervisory Service, and the Korea Exchange. About 40 officials from other ministries were dispatched. was dismantled
Minister Han said, "The government gave the market the wrong message that the government will take a 'soft response' to financial securities crimes, which are victims of the majority of the common people. "He said.
Minister Han continued, "We cannot detect all white-collar crimes, but it is important to send a message that the state will take strong measures against crimes that harm the majority of the common people. He revealed that he directly linked 'multiple damage to the common people in the case of investment in financial securities'.
In the case of the ‘Lime Optimus incident’, which the ruling party member raised as a question in the National Assembly, punishment was limited to the seller as the responsible supervisory authority, the Financial Services Commission, gave an exemption to the National Tax Service in Korea Transactions. In the above supervisory transaction, it is known that it will stick to the existing method of hiring the National Tax Service as a subordinate investigative agency, and it is expected to reenact the all-round prosecuting power of the securities investigation.
In the case of a private equity fund Lone Star Korea Exchange Bank's 'eating investment' involving Prime Minister candidate Han Deok-soo and Deputy Prime Minister Choo Kyung-ho, then, Kim Seok-dong, chairman of the Financial Services Commission, and Chu Kyung-ho, vice chairman of the board were the key actors.
Candidate Han spoke of 'deprivation of political self-determination right' by "assessing a social safety net in rural areas by raising taxes through an FTA with the United States," while Deputy Prime Minister Chu made an unfair deal to Lone Star, saying, 'If stock prices are falling, attract foreign capital and raise stocks to normalize the economy'. explained the reason for the arrangement.
The merger means that each specialized agency has early crackdown on independent judgment and exercise of supervisory power under the pretext of “criminal investigation,” so that the prosecution has the executive power.
Under the previous dictatorship, the Ministry of Home Affairs, the Ministry of Finance, the Ministry of Health and Welfare, the Ministry of Health and Welfare, the Ministry of Home Affairs, Ministry of Finance and Ministry of Health and Welfare to crack down on local governments early in the previous dictatorship.