Participation Solidarity·Minbyeon 2nd Day Survey Results
10 employees, purchase of 7,000 pyeong under the name of the person and his/her family
More than half of the purchases are loans to financial institutions
“Violation of the Public Officials Ethics Act and Anti-Corruption Act, should be audited”
The government selected Siheung, Gwangmyeong, as the 6th new city in order to expand the supply of housing in the metropolitan area. The photo shows the whole area of Gwarim-dong, Siheung-si, Gyeonggi-do on the afternoon of the 24th of last month. yunhap news
A suspicion was raised that about 10 employees of the Korea Land and Housing Corporation (LH Corporation) made a’pre-speculation’ such as purchasing 10 billion won worth of land using undisclosed information before the announcement of the Gwangmyeong and Siheung new cities in Gyeonggi Province.
Attorneys’ Association for Participation Solidarity and Democratic Society (Minbyun) held a press conference at the Zelkova Hall of Participation Solidarity in Jongno-gu, Seoul on the morning of the 2nd, and said, “The LH Corporation employees have previously purchased about 7,000 pyeong of land in the Gwangmyeong and Siheung new city districts. “This is a high possibility of violating the obligation to prevent conflicts of interest under the Public Officials Ethics Act and the prohibition of business secrets under the Anti-Corruption Act. Therefore, we will request a public interest audit from the Auditor.”
According to the Solidarity of Participation and Minbyun, 14 LH construction employees and their spouses and families from April 2018 to June 2020 will cover 10 billion won in 10 parcels in the Gwangmyeong and Siheung new city districts. It turns out that it was bought in. About 5.8 billion won, more than half of the purchased funds, was estimated to be loans to financial institutions. It turns out that they even bought the land by jointly acquiring ownership interests rather than individually acquiring ownership.
Attorney Seo Seong-min said, “If one nominee is matched, it is possible to be considered as the same person, but the employees of a specific LH regional headquarters were co-owners of a specific land.” “I bought the land in this area at the same time,” he said. “This is the result of randomly surveying some parcels after receiving anonymous tips,” said Kim Tae-geun, chairman of the Minbyeon Economics Committee. “LH Corporation compensates for land in a new city for employees. He pointed out that it causes the illusion of doing a pilot project.”
Details of land purchases by LH executives and employees in Gwangmyeong and Siheung new city districts. Providing True-A Solidarity and Minbyun
The Gwangmyeong and Siheung areas were selected as the sixth third new city after Namyangju and Hanam on the 24th of last month. It is the largest new city in the third phase, which is larger than Ilsan (69,000 households) in Gyeonggi Province, and a total of 70,000 houses are expected to be built in Gwangmyeong-dong and Okgil-dong, Gwangmyeong-si and Guarim-dong, Siheung-si.
In particular, the controversy is expected to spread as this area was regarded as one of the’provisioned Myeongdang’ as the border of the city center that is in direct contact with Seoul. Lee Kang-hoon, executive member of the People’s Livelihood Hope Headquarters of the Participation Solidarity, said, “It was confirmed that LH executives and employees who were in a position to access more information than anyone else were taking the lead in land speculation on the new city’s planned site.” “The distrust of the people, including the youth who started to prepare’my home’, is bound to increase,” he criticized.
The Participation Solidarity and Minbyun asked the Ministry of Land, Infrastructure and Transport and LH Corporation to conduct a thorough investigation on the status of land ownership in the new city, along with a thorough audit by the Board of Audit and Inspection. Chairman Kim Tae-geun emphasized, “If this happens in the capital market, the use of undisclosed information by insiders is treated as a serious crime, but there is no strict penalty provision in the Real Estate Act.” did.
Lee Seung-yeop reporter [email protected]
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