Now, the war against the second-name speculative object… Will the government win

A joint government investigation team uncovered 20 people in the first investigation of allegations of land speculation in the new city targeting the Ministry of Land, Infrastructure and Transport and LH employees. These were all LH employees.

In addition to those exposed by Minbyun and the Participation Solidarity, there are seven newly confirmed speculation suspicions. This is a shabby result for the government’s willingness. In the future, if the subject of the investigation is expanded to the spouse and direct relatives, the number of detected persons is expected to increase.

Prime Minister Jeong Sye-gyun nailed it, saying, “People’s trust in LH has fallen irretrievably.” It means that it has lost the status of a public corporation. Prime Minister Chung said that he would come up with an innovative plan to cut out the existing ills and transform it into a circle. It is read as a means to reform at the level of reorganization after dissolution.

Prime Minister Chung declared a war on speculation. It is expected that a full-scale confirmation and investigation into the allegations of speculation by public officials that are pouring out across the country day after day are expected to take place in earnest.

◇ Limitations of government investigation… Match with the car name is key

The government said it had confirmed 20 cases of allegations of speculation by LH employees in the new city. Of these, 13 were uncovered by Minbyun and the Participation Solidarity. The government enthusiastically investigated 14,000 employees of the Ministry of Land, Infrastructure and Transport and LH employees, but only seven newly confirmed speculation suspicions.

This was predicted to some extent because the first investigation was conducted in a limited range. This survey only confirmed real estate transactions of officials and LH executives and employees of the Ministry of Land, Infrastructure and Transport through the real estate transaction system and the land information system. The spouse and direct existence have not been investigated yet.

About 10 of the employees did not consent to the use of personal information, but there is a high possibility of speculation among them. As a result of self-investigation of Gwangmyeong City and Siheung City, 14 suspected cases of speculation in new cities can be revealed.

However, there are many opinions that it will be difficult for public officials or executives and employees of public corporations to start speculating. “The results of the first survey are already predicted, and the public officials who are caught this time have to be considered very naive or simple people,” said Go Jong-wan, director of the Korea Asset Management Research Institute. It is very likely that we will have to focus our investigation and investigation capabilities on this part.”

Professor Seo Jin-hyung of Kyungin Women’s University, chairman of the Korean Real Estate Association, also said, “In order for an investigation or investigation to gain trust, at least the siblings and siblings of the public officials and executives of public enterprises announced by the government must be confirmed. “You have to find out.”

The government is also conscious of this. In the announcement of the first investigation, the government said, “We will make sure that illegal acts are punished through thorough investigation by the government joint special investigative headquarters that launched this time for allegations of speculation such as car-name transactions.”

◇ Inevitable expansion of the investigation to the entire public housing district

As allegations of speculation spread across the country beyond the central ministries and LH, the full expansion of the investigation became inevitable. In the case of local governments, the target is limited to public officials in charge of new towns and executives and employees of city corporations, but it is necessary to expand them to all public officials who have worked in departments related to land, architecture, and housing.

As some ruling party lawmakers and their families raised suspicions of speculation on the planned land for development, distrust of politicians also increased. With this opportunity, the Democratic Party’s representative authority Kim Tae-nyeon proposed a thorough investigation of all members of the National Assembly, and Chairman Kim Jong-in, the power of the people, announced his intention to accept it. If so, it should be extended to the members of local councils, who are constantly suspicious of speculation.

The survey area should not be limited to 3rd new towns and places with a housing area of ​​over 1 million m2, but should be expanded to the entire public housing district and adjacent areas to eradicate speculation by public officials using internal information nationwide. It is known that only 50 public housing units have been designated since 2015.

Some have also commented that a full investigation should be conducted on other public enterprises such as the Korea Expressway Corporation, where suspicions of land speculation related to road construction, etc. have arisen.

Professor Kwon Dae-jung of the Department of Real Estate at Myongji University said, “As it seems that indigenous corruptions such as local government officials and municipal assembly are prevalent, investigations and investigations should be extensively expanded.” “Investigation should be expanded to include road construction, and the room for speculation infiltrated should be blocked,” he said.

Following the Ministry of Land, Infrastructure and Transport and LH executives and employees, the government decided to promptly conduct investigations on employees of Gyeonggi, Incheon, local governments and local public corporations, and immediately request an investigation as soon as the results of the investigation become available. Depending on the results, it plans to expand the research area in the future.

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