In addition, the Democratic Party, the government, and the Blue House today (28th) decided to promote legislation requiring all public officials to register their property in relation to measures to prevent the LH incident.
At the meeting held at the National Assembly that day, the Party government decided to confirm the plan to eradicate speculation at the Anti-Corruption Policy Council held at the Blue House on the 29th, Democratic Party chief spokesman Choi In-ho said at a briefing.
The Party Government Office decided to expand the subject of property registration to all public officials, and in principle restrict the acquisition of new real estate in business-related areas for public officials in charge of real estate-related business.
We also decided to prepare measures to strengthen management, such as institutionalizing the prevention of conflicts of interest for public officials, recovering up to five times unfair profits in case of market disruption, and introducing a farmland acquisition examination and special judicial police system.
In the case of LH, it has agreed to establish internal and external control devices such as a property registration system for employees and a system to restrict the acquisition of new real estate, while at the same time establishing strong and rational innovation measures across roles and possibilities, organization and manpower, and business structure. .
There is also a plan to retroactively apply the confiscation of public officials who gained unfair gains from speculation on real estate.
Representative Kim emphasized at the party meeting, “We are confiscation of unfair profits from real estate speculation by public officials under the current law, and are already underway,” but emphasized that “If it is judged that there are insufficient parts, we will make it clear that we will go ahead with retrospective legislation for confiscation.”
In general, it is unconstitutional to retroactively apply and punish the provisions of a law made later than the time of the criminal offense, but it is possible to use a legislative case that is recognized retroactively, such as the’Special Act on the Attribution of the Property of Pro-General National Actors to the State’.
Chief spokesman Choi said, “There was no specific discussion in the party, but at the top of the party there was a discussion to deal with speculative crimes by defining a person who gains or attempts speculation by utilizing the status of public officials as pro-general actors.” “Retroactive legislation will be promoted,” he added.
On the other hand, the Party’s policy is to revise the Crime Profit Concealment Act, to check the criminal proceeds redemption system scattered in individual laws, and to strengthen the redemption standard to the level of financial crime.
He emphasized the need to deal with the Conflict of Interest Prevention Act by holding a’One Point’ National Assembly this week, and made it clear that it will speed up the subsequent legislation of the 2·4 supply measures.
(Photo = Yonhap News)