Former President Yoon Suk-yeol faces a first-instance court verdict Monday regarding alleged false statements made during his presidential campaign [1].

The ruling carries significant financial stakes for his political allies. If the court confirms a fine of 1 million won or more, the People Power Party must return approximately 39.7 billion won in election expenses to the National Election Commission [2].

The Seoul Central District Court scheduled the sentencing for 2 p.m. July 27 [1]. The case centers on allegations that Yoon violated the Public Official Election Act by making false claims during the election period [1].

Specifically, the charges involve a denial regarding his associations. Yoon said, "I have never met Geonjin Beopsa [Jeon Seong-bae] together with Kim Keon-hee" [1]. Prosecutors said this statement was false and intended to mislead voters during the campaign [1].

The potential for a massive financial penalty looms over the People Power Party. Reporter Jeong Min-hoon said the party would be required to return the 39.7 billion won in funds if the sentence of 1 million won or more is finalized [2].

Legal observers are monitoring the case to see if the court views the statement as a material falsehood that influenced the election outcome. The outcome depends on whether the judge determines the former president knowingly lied about the meeting with the shamanic figure and his wife [1].

“I have never met Geonjin Beopsa together with Kim Keon-hee”

This case represents a critical intersection of legal accountability and political finance. Beyond the personal legal jeopardy for Yoon, the potential repayment of 39.7 billion won could create a severe liquidity crisis for the People Power Party, potentially altering the party's operational capacity and influence in future electoral cycles.