[서울신문] “I’m the 1st hitting instructor for land auctions.” Two-job LH employee dismissed… “I have to spit out my money”

LH Disciplinary Committee Decision

Auction instructor activities at paid sites for real estate investment
Inflate ’18 years experience in real estate investment company’

“Unsatisfied, untolerant worker bee-baek-gye”
Violation of corporate regulations and prohibition of concurrent employment for profit-making activities other than work
Netizen “Star lecturer with internal information, it’s ridiculous”

On the 3rd, people are moving to the entrance of the headquarters of Korea Land and Housing Corporation (LH) in Chungmu-gong-dong, Jinju-si, Gyeongnam.  yunhap news

▲ On the 3rd, people are moving to the entrance of the headquarters of Korea Land and Housing Corporation (LH) in Chungmu-gong-dong, Jinju-si, Gyeongnam. yunhap news

Amid controversy over the land speculation in the 3rd new city that utilized internal information from employees of Korea Land and Housing Corporation (LH), an LH employee, who had been working as a land auction instructor on an internet paid site, was dismissed. It was crucial that he was caught secretly running’Two Job’, a for-profit activity that was prohibited inside the company. LH also found that the employee’s 18 years of experience in a real estate investment company promoted himself as false.

“Violation of restrictions on receipt of compensation and concomitant employment for profit”

LH held an internal audit and disciplinary personnel committee on the 11th and announced that it had dismissed Mr. Oh, a member of the Uijeongbu Project Group at the Seoul Regional Headquarters. LH said, “Employees who have committed misconduct that do not fit the duty of public officials will be punished according to the principle of zero tolerance after a thorough investigation.”

Mr. Oh was caught working as an instructor for land auction and auction on a paid lecture site related to real estate investment, and has been under internal audit since the end of January.

LH explained, “By investigating data and conducting a face-to-face investigation, we confirmed Oh’s misconduct and proceeded with disciplinary proceedings, such as receiving compensation for profit and violating restrictions on concurrent employment.”

Mr. Oh promoted himself as’Korea’s No. 1 Land Lecturer’ and’Land Auction/Auction 1 Strike (No. 1 Sales) Instructor’, hiding his real name and using his pseudonym on a paid lecture site on the Internet. The’Land Basics Class’, which Mr. Oh gave as a real estate instructor, was a five-month course, and the tuition was 230,000 won.

He said, “The start of a stable investment is land investment,” he said. “After understanding the land with 18 years of experience in a real estate investment company, I realized a lot of profits and invested in the land.”

However, it was confirmed that Oh’s working period was less than 18 years, and his career was also inflated.

LH strictly prohibits concurrent employment in other for-profit activities other than work according to the company rules. When the case of Mr. Oh became known, criticism arose that employees of public corporations encouraged speculation while doing for-profit activities as a side job.

Prime Minister Jeong Sye-gyun bows his head in the joint briefing room of the Seoul Government Complex on the 11th before the announcement of the results of the first round of investigation by the government joint investigation team on allegations of real estate speculation by LH employees.
Reporter Oh Jang-hwan [email protected]” style=”padding:0px;margin:0px”>Prime Minister Go Gae Suk-in, Prime Minister Jeong Sye-gyun, bows his head at the joint briefing room of the Seoul Government Complex on the 11th prior to the announcement of the results of the first round of investigation by the government joint investigation team on allegations of real estate speculation by LH employees.  Reporter Oh Jang-hwan 5zzang@seoul.co.kr

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▲ Prime Minister’s head bowed
Prime Minister Jeong Sye-gyun bows his head in the joint briefing room of the Seoul Government Complex on the 11th before the announcement of the results of the first round of investigation by the government joint investigation team on allegations of real estate speculation by LH employees.
Reporter Oh Jang-hwan [email protected]

Netizens “Use internal information
I have to collect the proceeds of illegal crime.”

“Would you like to win without internal information?”
“A job that is more honey than scammers”

When the news of the dismissal was delivered, netizens expressed the opinion that they should not only dismiss the dismissal, but also use internal information to recover the illegally earned criminal proceeds. In addition, they argued that they should carry out arrest investigations or hold civil and criminal legal responsibility.

Netizens said, “I became a star instructor with my internal information. “I’m ridiculous”, “I’ll be favorably with the money I earned”, “I’ve been sold, so I’m curious to see if I can win and win without inside information”, “Is there any regret in LH for making hundreds of millions of months?” “I have to do it”, “It is completely free now, so from now on, I will speculate on the ground and earn tens of billions by using my internal information.”

One netizen said, “How can I do such a thing while working as an LH employee? There is nothing to do, and time remains. LH seems to be overflowing with useless personnel, but this time, make a major restructuring,” he criticized.

Another netizen also pointed out that “Illegal money must be recovered, of course, and minimum measures such as punitive property confiscation and arrest investigations must be taken in accordance with worker punishment.” “Since the monthly tuition is hundreds of millions of dollars, I have earned enough to earn (even if it is canceled), so there will be no problem with living. It’s a job that’s more honey than the scammers,” he criticized.

The photo shows the farmland in Guarim-dong, Siheung-si, Gyeonggi-do, where LH employees bought and planted seedlings on the 4th. 2021.3.4 News1″ style=”padding:0px;margin:0px”>The photograph of the farmland suspected of dumping LH land filled with seedlings shows the farmland located in Gwarim-dong, Siheung-si, Gyeonggi-do, where the LH staff bought and planted the seedlings on the 4th.  2021.3.4 News 1

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▲ Suspicious farmland of LH dumping filled with seedlings
The photo shows the farmland in Guarim-dong, Siheung-si, Gyeonggi-do, where LH employees bought and planted seedlings on the 4th. 2021.3.4 News 1

Reporter Kang Ju-ri [email protected]

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