President Moon apologizes for the LH crisis, “I’m very disappointed and disappointed”

President Moon Jae-in bowed his head for the first time on the 16th, saying, “I regret to cause great concern to the people” in relation to the suspected real estate speculation by LH Korea Land and Housing Corporation.

President Moon said at a state council meeting held in the Blue House this morning, “I think there is still a long way to go to the recent LH real estate speculation allegations.”

In particular, President Moon said, “I gave great disappointment and disappointment to the people living faithfully,” and pledged that “We will seriously recognize the structure of corruption in our society, refine our posture and work with a heavy sense of responsibility.”

Prior to this remark, President Moon said, “The Korean government, which was born through the Candlelight Revolution, has been doing its best to overcome corruption and injustice, and to create a transparent and fair society.” He said, “We have been working tirelessly to eradicate the obstruction of life such as employment corruption,” he said.

In addition, President Moon emphasized once again the strong will of’removing real estate deposits’, which he revealed at the meeting of chief and advisors on the previous day (15th), and urged the people to gather their will together.

“I will break the chain of corruption in real estate”… re-emphasizing the conflict of interest prevention system

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  President Moon Jae-in is speaking at the State Council meeting held at the Blue House Women's Hall on the morning of the 16th.

President Moon Jae-in is speaking at the State Council meeting held at the Blue House Women’s Hall on the morning of the 16th.
Ⓒ Provided by the Blue House

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President Moon Jae-in said, “Starting from preventing real estate corruption among public officials, we will surely break the chain of real estate corruption that is widespread throughout society.” It will be a turning point for a fair society.”

President Moon emphasized to the attendees of the State Council that “establishing the ethics of public officials” is the starting point for a fair society. “With this incident, the entire public institution should reflect on public responsibilities and duties, and use it as an opportunity for fundamental reform.” “I asked.

“In addition to preparing an institutional mechanism to prevent conflicts of interest, public institutions should reinforce their own job ethics regulations and establish a strong internal control system such as precautionary and post-sanctions, supervision and monitoring systems,” he said. He instructed that the ministry that manages the government will greatly strengthen the proportion of public performance and ethical management in the management evaluation of public institutions.”

In addition, it emphasized the severe punishment for deviant behavior of individual public officials. President Moon said, “We will have to hold more strict responsibility for deviations from public officials’ ethics.” I hope you will set the standards more strict.”

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