In addition, Kim Tae-yeon, acting representative of the Democratic Party, is calling for the resignation of Seoul Mayor Oh Se-hoon, the power of the people, at the Supreme Council’s meeting held at the National Assembly in Yeouido, Seoul on the 28th. yunhap news
The Democratic Party, the government, and the Blue House have decided to push forward legislation requiring all public officials to register their property in addition to countermeasures against speculation by employees of the Korea Land and Housing Corporation (LH).
Democratic Party Representative Kim Tae-yeon said at the party meeting held at the National Assembly on the 28th, “We will further raise the level of institutionalization to eradicate speculation by public officials in the National Assembly in April.”
Representative Kim added, “We will supplement the measures for confiscation of unfair profits from real estate speculation, and through the Special Public Housing Act, public officials will face maximum life imprisonment when speculating with internal information,” he added. “We decided to collect all speculation (for profits).” .
In addition, regarding concerns that it is difficult to apply retroactively in relation to the confiscation of profits, CEO Kim said, “It is erroneously known that the restitution of unfair profits cannot be applied retroactively, but under the current law, unfair profits can be confiscated, and we are pursuing this.” To be clear, not only the speculative gains, but the entire speculative real estate will be confiscated. The joint investigative headquarters (combined capital) law will be applied to confiscate speculative profits,” he added.
At the same time, Representative Kim said, “We will also revised the Crime Profit Concealment Act, inspect the criminal proceeds redemption system scattered in individual laws, and strengthen the redemption standard to the level of financial crime.”
Prime Minister Jeong Sye-gyun also urged, “The public’s anger is a reprimand against the Moon Jae-in administration, which started with the candlelight of the clearing of red abolition.”
Prime Minister Chung said, “Anyone will pursue allegations of real estate speculation until the end,” he said. “If corruption is confirmed, it will be severely punished, and more than unjust profits will be returned to prevent speculation.”
He said, “We will prohibit the use of undisclosed information to buy and sell real estate, and if it violates this, we will face maximum life imprisonment and impose a fine of 5 times the speculative profit.” In principle, I will limit the acquisition,” he said.
Prime Minister Chung said, “The government will go further and expand the target of property registration to all public officials in order to prevent corruption of public officials. In addition, to eradicate real estate speculation, we will minimize expected profits and secure transparency in financing.” Revealed.
Prime Minister Jung explained that the LH crisis will expand public institutions’ publicity and ethical management, and fundamentally reorganize the land compensation system so that real estate speculators will not be able to step back.
Reporter Oh Won-seok [email protected]
