Prime Minister Chung “Real Estate Crimes and War…Returning All Speculative Profits”

Prime Minister Jeong Sye-gyun said on the 11th, “The government declares a war against real estate crimes” in connection with the dumping of land in a new city by employees of the Korea Land and Housing Corporation (LH).

Prime Minister Chung announced the results of the first round of investigation by the government joint investigation team at the government building in Seoul on the same day and emphasized that “we will devise a special plan to strictly enforce illegal and unfair activities committed in the real estate market.”

Prime Minister Chung said, “We have decided that we can no longer eliminate the greed of public officials with the existing methods and systems. The speculation of public officials is a betrayal of the people and a crime that destroys the discipline of the state. We have to be heavily condemned by law.” Said.

He then emphasized, “We will thoroughly investigate and investigate until the public tells us to quit, as severe as corona quarantine.”

He said, “I will immediately withdraw from the public officials who have committed illegal speculation,” he said. “I will mobilize all the current laws and systems to recover all speculation profits.”

Prime Minister Jung criticized that, targeting LH and its executives and employees, “we will have to answer the public’s criticism about the need for an institution.”

He said, “We will work with the Deputy Prime Minister of the Economy to get rid of the existing ills and come up with an innovative plan to transform the circle.

Meanwhile, Prime Minister Jung emphasized, “We will carry out the supply of public housing that was originally planned for the stabilization of the housing market,” and “to restore the trust of the fallen people, the entire cabinet will work hard with a tense attitude.

[연합뉴스]

Copyrights ⓒ Yonhap News. Unauthorized reproduction and redistribution prohibited