News 1
The Korea Land and Housing Corporation (LH), which is suspected of speculating on real estate by obtaining prior information about new cities in Gwangmyeong and Siheung, apologized to the public and announced that it will introduce a pre-report system for land transactions for all employees and their families.
On the 4th, LH announced the public apology for allegations of speculation in Siheung, Gwangmyeong, in the name of all employees. “I was very shocked and disappointed to the people. I bow my head and apologize.”
KDHC said, “Even though it is a public institution that should give hope to people suffering from instability in the real estate market, we are fully aware of the responsibility for the failure of our employees to fulfill their duties as public officials. And we will conduct a thorough survey on the status of land transactions of families as quickly as possible. If violations are confirmed, we will take strict measures in accordance with the laws and regulations.”
He said, “With this incident, we will make a major and powerful innovation within the organization to establish the discipline for public office.” As a countermeasure to prevent recurrence, we introduced a land transaction prior notification system for employees and their families. He said he would do a thorough investigation on whether he owned the land.
However, the’high-intensity penalty’ that LH will give if an employee violates this is a disadvantage in terms of personnel.
Although public apology came out at the construction level, employees appeared in a criticism of LH in the blinds of the anonymous community of office workers, saying, “Is there a law that we should not invest in real estate as LH employees?” It was a matter to be judged by the court or the prosecution as to whether the investment was made.” bought.
Earlier, on the 2nd, the Participation Solidarity raised suspicion that about 10 LH employees purchased 23,000m2 (about 7,000 pyeong) of land in the Gwangmyeong and Siheung districts, which were additionally confirmed as the third new city, for speculation.
Editor Hyojin Ra [email protected]