LH employee speculation suspicion’one wave’… Government and ruling party announces speedy war on fact-finding

Emphasizing the seriousness of the government and passport, a matter of great public resentment

Some of the employees of the Korea Land and Housing Corporation (LH) were allegedly excluded from work as a suspicion was raised that they purchased land for speculation in the region before designation as a new city in Gwangmyeong and Siheung, Gyeonggi Province. The photo shows a crop left in a field in Gwarim-dong, Siheung-si, Gyeonggi-do, where a speculation suspicion was raised on the afternoon of the 3rd./Yonhap News

The government, which is engaged in all-out war on stabilizing house prices, encountered a large reef due to suspicion of speculation on land in Gwangmyeong and Siheung new cities by an insider LH employee.

As the government and the ruling party are pursuing the second and fourth measures to supply 830,000 units with public redevelopment and reconstruction, claiming that the public is fair and transparent, public opinion over allegations of land speculation by LH is highly likely to go to the regime. .

On the 3rd, President Moon Jae-in ordered the Prime Minister’s office to conduct a thorough survey on the workers and families of housing sites such as the Ministry of Land, Infrastructure and Transport, LH, and related public institutions for the entire 3rd new town as well as Gwangmyeong and Siheung on the 3rd. This means that the Blue House is taking the matter as seriously.

In particular, as this case is an issue that will raise the public’s resentment over the unrest in the real estate market, the government and the ruling party are expected to attempt a head-on breakthrough such as a transparent investigation. This is because if the investigation and punishment are limited, the power of the government’s real estate policy may be turned off.

In fact, the reaction of the ruling Democratic Party, the Democratic Party, shows the seriousness of the matter. “If the suspicion is true,” said Nak-yeon Lee, representative of the Democratic Party, “if the suspicion is true, he betrayed the people for a serious crime in order to obtain private interests by mobilizing secrets acquired during work.”

Meanwhile, it was revealed that the purchase of land by 13 suspected parties took place from April 2018 to June 2020. It was purchased prior to the announcement of the new cities of Gwangmyeong and Siheung, but the time of the announcement of the five third new towns, including Hanam Gyosan, raised suspicion of insider speculation. Gwangmyeong and Siheung new city sites were designated as Bogeumjari housing districts in the past, but after they were released, development was restricted to a special management area. The land they bought covers 10 lots of 7,000 pyeong. A huge amount of 10 billion won was invested in the purchase, of which 5.8 billion was raised through loans to financial institutions. In order to meet the criteria for compensation for large soil, some lands were split over 1,000m2 immediately after purchase.

/ Reporter Park Woo-in [email protected]

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