[5.18 Special Project] Your Majesty and I - Jeon Woo-won, talking about the black money of the Chun

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KBS 추적60분

Published on Streamed live on May 19, 2023
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Broadcast date: Friday, May 19, 2023 at 10 PM ■ First meeting with 'Your Majesty' In December 1997, a crowd gathered in the small alley in front of Chun Doo-hwan's house in Yeonhui-dong, Seoul. It was full of people welcoming Chun Doo-hwan, who had been released through a special pardon. Chun Doo-hwan returned home as if in glory. The baby in Chun Doo-hwan's arms is the person who has recently made a stir in South Korea, Jeon Woo-won. That moment was Woo-won's first meeting with 'Your Majesty'. In March 2023, Woo-won, Chun Doo-hwan's grandson, continued to expose suspicions of slush funds by Chun Doo-hwan's family through social media and media reports. Woo-won was also the first in the family to apologize to the victims of the May 18 Democratization Movement and their bereaved families, and attended the May 18 memorial service and commemoration ceremony, showing his apology every day. KBS's "Straight Hit" will delve into the suspicions of slush funds of the late Chun Doo-hwan's family in detail with Jeon Woo-won and his biological mother, Choi, in commemoration of the 43rd anniversary of the May 18 Democratization Movement. ■ Jeon Woo-won talks about the slush funds of the Chun Doo-hwan family Woo-won first became a "shareholder" in 2000, when he was just 4 years old. Since then, Woo-won has owned stocks in a total of 8 unlisted companies. Woo-won's position is that "I have never personally acquired a single share." Woo-won claims that the stocks in question were acquired in his name by Jeon Jae-yong, the second son of the late Chun Doo-hwan and his father, without his consent. Woo-won set out to trace the stocks he had unknowingly owned. No one, including his father Jeon Jae-yong, who should know the truth, would answer Woo-won's questions. Feeling frustrated, Woo-won went to the companies where he owned or currently owns stocks. Woo-won was the first to visit Wear Valley, the only company that still exists among the eight companies. However, the employees said, “We ordered this from above,” and blocked Woo-won’s entry. “Why is my name used so many times, and I want someone to explain it to me, but no one is explaining it to me.” - Woo-won Jeon ■ Chun Doo-hwan entrusted a secret box to his brother-in-law, and the box was full of safe deposit box keys. During that journey, Woo-won unexpectedly encountered three familiar letters. They were his mother’s name, Choi. Did Choi know about his unlisted stocks? In order to hear the answer, 《Sisa Direct》 requested an interview with Choi, but Choi repeatedly declined. After much thought, Choi agreed to the interview, saying, “I made up my mind for my son,” and sat next to her son Woo-won in front of the camera. Choi, who lived as a member of the late Chun Doo-hwan’s family for over 10 years, made a shocking confession about the Chun family’s bearer bonds. Following Choi’s confession, prosecutors who investigated the slush funds of the Jeon family also told “Sisa Direct” vivid stories about the investigation at the time… … “A long time ago, my father-in-law asked my father to keep a box. Jeon Jae-yong said to me, “When I opened it, it was full of keys to safe deposit boxes. Each of those safe deposit boxes was full of bonds.” - Jeon Woo-won’s mother, Choi ■ “It took 3-4 months for Jeon to cash out 20 billion won worth of bearer bonds.” Jeon Doo-hwan’s eldest son Jeon Jae-gook and third son Jeon Jae-man still appear to be living comfortably while running several businesses. In 2013, Jeon Jae-gook made a public apology in front of the Seoul Central District Prosecutors’ Office and promised to voluntarily pay the unpaid fines. Ten years later, the Jeon family’s unpaid fines still amount to 92 billion won. 《Straight Hit》 exclusively obtained testimony regarding Jae-guk Jeon’s methods of hiding slush funds. “Jeon Jae-guk called me and said he had a difficult request… (omitted) He asked me to cash it out without telling anyone. When I paid off the bonds in cash, the amount I got was close to 20 billion won. It took about 3~4 months, and I didn’t do it all at once, but rather in small amounts…” - Among the testimony obtained by 《Straight Hit》, 《Straight Hit》 also visited a high-end winery in California, USA, run by Jae-man Jeon. The winery has been suspected of receiving slush funds from the late Chun Doo-hwan’s family. While tracking Jae-man’s assets in the US, the production team discovered another suspicious corporate business of Jae-man Jeon and confirmed the land purchased by the corporation. A local lawyer stated that although the real estate is under the name of the corporation, the actual owner appears to be Jae-man Jeon. In response to Jeon Woo-won's repeated revelations and contacts, his uncle, Jeon Jae-guk, finally sent a text message. "Your Excellency and I - Jeon Woo-won, Talking About the Black Money of the Chun Doo-hwan Family" will air on KBS1TV at 10 p.m. on May

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