‘Real Estate + Unfairness = Super-Large Bad Bad’…’Super-fast’ Response to LH Corruption

President Moon, targeting the entire 3rd new city
LH employee land transaction total investigation order
People’s Power “What did Byeon Chang-heum do?”

On the afternoon of the 3rd, an employee is passing through the main gate of the Seoul Regional Headquarters of the Korea Land and Housing Corporation (LH). News 1

Regarding the alleged land speculation in the Gwangmyeong and Siheung new cities of Gyeonggi Province, 14 employees of the Korea Land and Housing Corporation (LH) ordered a “strict response” to the government on the 3rd. In addition, some of the Democratic Party even argued that the Enforcement Decree of the Public Officials Ethics Act should be amended to prevent recurrence. It is a matter that could shake the Minister of Land, Infrastructure and Transport Byeon Chang-heum, who empowered President Moon Jae-in, but the party government took a quick response one day after the incident occurred. This seems to be because it is a highly flammable issue that will be sensitive to public sentiment such as real estate and process.

On this day, President Moon Jae-in conducted a thorough land transaction survey on employees and families related to new housing site development in related public institutions such as the Ministry of Land, Infrastructure, and LH for the entire 3rd new town as well as Gwangmyeong and Siheung (with allegations of speculation raised). “I will do it,” said Kang Min-seok, a spokesman for the Blue House. President Moon continued, “The Prime Minister’s Office will conduct a thorough investigation, but jointly with the Ministry of Land, Infrastructure and Transport should invest enough manpower to investigate intensively so that no suspicion remains.” I ordered. The fact that the President has disclosed detailed investigation procedures and details is evidence that the Blue House is taking this issue seriously.

Blue House Spokesman Kang Min-seok is briefing at the Blue House Chunchu Hall on the 3rd. News 1

The stance of “quick response” was the same for the Democratic leadership. Democratic Party Representative Lee Nak-yeon said on the day, “If the allegations of (LH employees’ speculation) are true, it is a serious crime that seeks to gain private interests by mobilizing secrets acquired during work.” . Democratic Party leader Kim Tae-nyeon also strongly criticized “the allegations of speculation by employees of the real estate policy at the forefront of the real estate policy is an anti-social act that puts cold water on the government’s measures to eradicate real estate speculation.”

“LH employees are also subject to property disclosure”

Members of the Democratic Party of the National Assembly’s Land, Infrastructure and Transport Committee, under the jurisdiction of the LH, received a report on the case to LH on the same day and reviewed necessary legislative matters. Democratic Party lawmaker Hong Ki-won of the Ministry of Land, Infrastructure and Transport told the Hankook Ilbo, “We are also considering a plan to order the government to amend the enforcement ordinance, which includes employees over a certain level of property registration under the Public Officials Ethics Act” to the Hankook Ilbo. He said, “The Ministry of Land, Infrastructure and Transport should also respond with strict standards (this issue).”

The power of the people, who sees real estate and fairness issues as the Democratic Achilles heel, began to focus on firepower. Kim Jong-in, chairman of the People’s Power Emergency Response Committee, said on the day, “If LH employees predicted somewhere in the new city or knew secrets in advance, it would be a kind of criminal act if they did such a thing to obtain personal gain.” said. Members of the Ministry of Land, Infrastructure and Transport’s People’s Strength also pointed out at a press conference on the day that “Minister Byun Chang-heum (who was the president of LH at the time the employees bought the land) was doing while the employees were engaged in an era of speculation.” Spokesman Kim Eun-hye said, “If the ruling party does not cooperate in uncovering the truth, we can sue Minister Byun or suspicious people.”

Lee Seong-taek reporter

Jo So-jin reporter




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