■ The suspicious investment secrets of 'real estate investment genius' Jeong Ho-yong Jeong Ho-yong, commander of the special forces during the May 18th Democratization Movement. Jeong Ho-yong, the actual commander of the suppression of Gwangju. He was a key force and action leader of the Fifth Republic. Jeong Ho-yong, who was recognized for his contributions, rose through the ranks to become Army Chief of Staff, Minister of National Defense, and member of the National Assembly. He is now a famous 'land tycoon' who owns everything from buildings in prime Gangnam land to land, single-family homes, and apartments. How did Jeong Ho-yong, who lived his entire life as a soldier, invest in real estate? In 1984, when he was Army Chief of Staff, he purchased a forest in Yangju, Gyeonggi Province. It was a military facility protection zone measuring 300,000 square meters. Jeong Ho-yong later became Minister of National Defense and member of the National Assembly. Then, the land was removed from the military facility protection zone. As development windfalls emerged, land prices skyrocketed, and Jeong Ho-yong resold it after making a huge profit. “The authority to recommend lifting the military facility protection zone belongs to the Army Chief of Staff. Jung Ho-yong bought land in the military facility protection zone as the Army Chief of Staff. That is something that a soldier cannot do.” - Former Director of the Defense Rights Research Institute, Reserve Major Kim Young-soo The suspicions surrounding Jung Ho-yong’s real estate are not limited to this. Janggun Village in Gwacheon, Gyeonggi Province. In the 1980s, he also occupied a place here where the powerful figures of the Fifth Republic lived together. The problem is that the entire Janggun Village was developed less than 10 years after he moved in. The land in Gwacheon, Gyeonggi Province was included in the Gaepo District Readjustment Project promoted by the Seoul Metropolitan Government and benefited from it. Wherever Jung Ho-yong invested, national issues always followed. Did he know everything in advance? The production team met Jung Ho-yong in person and asked him about his investment secrets. “You, buy a house and sell it. Go up.” - Jeong Ho-yong ■ 'Designer of the 5th Republic' Heo Hwa-pyeong owns a public interest corporation left behind by the 5th Republic Heo Hwa-pyeong was the chief of staff to Commander of the Security Command Chun Doo-hwan at the time of the December 12 military coup. He served as Senior Secretary to the President for Political Affairs under the Chun Doo-hwan regime and was called the 'designer of the 5th Republic.' Having served twice as a member of the National Assembly, he is currently the head of the public interest corporation 'Future Korea Foundation.' The 'Future Korea Foundation' is the successor to the 'Modern Society Research Institute' created during the Chun Doo-hwan regime. At the time of its establishment, prominent conglomerates were listed as its first directors. The 'Modern Society Research Institute' was created with their capital. It reminds us of the 'Ilhae Foundation,' which was a symbol of the corruption of the 5th Republic. The 'Ilhae Foundation' was reduced to a slush fund raising window for Chun Doo-hwan and most of its assets were confiscated from the national treasury. How does Heo Hwa-pyeong own the 'Modern Society Research Institute,' which was created by extorting money from large corporations in the same way? Heo Hwa-pyeong first set foot in the 'Modern Society Research Institute' in 1988. When the institute's employees went on strike demanding the liquidation of the Fifth Republic and the normalization of the institute, he was appointed as the new director. Thirty years later, all the striking researchers were fired, and now it is no different from Heo Hwa-pyeong's personal privatization. "It doesn't make sense. Isn't it completely privatized? If you extort from companies, you should recover the national treasury and return it to society. That's common sense. They fired many people, and in the end, what's left after going through that process is their own personal coffers. In the end, those who held power during the dictatorship are still exercising their power and enjoying that power." - Kim Chul-woon, former director of the Modern Society Research Institute labor union What is the public interest corporation 'Future Korea Foundation' doing now? The production team analyzed five years' worth of financial statements with experts, and as a result, they were able to discover several suspicious points. KBS and Newstapa's joint project aims to find out how the Chun Doo-hwan regime, which seized power through a military coup and the Gwangju Massacre, has increased its wealth through illicit means for the past 40 years. Since 1983, Korea's first investigative