Prime Minister 丁“LH executives and employees are prohibited from acquiring land other than for actual use…

Enter 2021.03.14 14:14 | Revision 2021.03.14 14:17

LH Follow-up Action Ministerial Meeting
“The liquidation of LH speculative corruption is the beginning of the eradication of real estate accumulation”

Prime Minister Jeong Sye-gyun said on the 14th, “In the future, LH executives and employees will be prohibited from acquiring land other than the actual purpose of use” in relation to the’LH’s land dumping case.’ Prime Minister Chung said at a meeting of ministers related to LH follow-up measures held at the Seoul Government Complex on the same day, “The government will completely renew internal control measures so that LH executives and employees will share internal development information and dumping methods and prevent the recurrence of illegal dumping.” He said.

Prime Minister Jeong said, “We will establish an information system to manage the land owned by executives and employees to prevent speculation at all times and establish a system to manage and supervise it.” If illegal dumping and suspicious behavior are detected, we will take strong personnel measures such as ex officio dismissal as well as punishment through investigation requests,” he said.

Prime Minister Chung said, “We will strengthen the surveillance system to prevent the leakage of internal information to the outside, and take strict personnel measures in case of leakage, and legal sanctions may be imposed on the outside as well as the related insiders in the event of a speculative activity. He said, “We will establish a compliance and ethics monitoring team that oversees internal control and institutionalize a system in which the surveillance and supervision system for illegality can be operated on a regular basis.”

The government is also planning to enforce compulsory disposition of farmland according to the results of the investigation for suspected speculation, including 20 people identified in the first government joint investigation. In addition, it was decided to thoroughly manage the pre- and post-management of farmland acquisition.

Prime Minister Jung said, “We will strengthen the farmland acquisition screening process, such as thorough examination of the agricultural management plan and the deliberation of the newly-established Farmland Committee.” “We will reinforce the farmland management system so that speculation cannot intervene through meticulous follow-up management, such as mandating use status investigation and strengthening punishment for illegal activities.

Prime Minister Chung said, “We will improve laws and systems to remove the illegality and illegality of the real estate market, which has been committed in the name of practice,” and said, “At the same time, as a special measure to repair LH, which has fallen into the unrecoverable of national trust, bold innovation that will cut bone “I will do it.” He said, “This LH incident is part of the structural real estate accumulation accumulated so far,” and said, “The liquidation of LH speculative irregularities is the beginning of the eradication of real estate accumulation.”