Yang Moon-seok's side denied the allegations at the first trial.

Rep. Yang Moon-seok of the Democratic Party of Korea, who is accused of deceiving his child as if he were doing a business and spending it on apartment purchases, generally denied the charges in the first trial.

At the first trial preparation date held today (11th) at the Ansan Branch of the Suwon District Court, Yang's lawyer admitted that there was a business loan, but insisted that there was no intention of fraud.

At the same time, lawmaker Yang's wife said there was no recognition that the loan recruiter would forge evidence and submit it to the bank, and that she had never conspired to commit the crime.

He also denied allegations that Yang violated the Public Official Election Act by giving false explanations on social media when the allegations arose, saying he had no intention of disclosing false information.Rep.

Yang is accused of falsifying documents as if he received 1.1 billion won in business loans from Saemaul Geumgo in April 2021 in the name of his daughter, a college student, and used the loans as housing funds.