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Approximately 10 employees of the Korea Land and Housing Corporation (LH) were allegedly excluded from the job because they were suspected of having bought land for speculation in the region prior to designation as a new city in Gwangmyeong and Siheung, Gyeonggi province.
The suspicion that the employees of LH, a public institution that is in charge of insuring new plots and compensating compensation, conspired and launched speculations, spreads a sharp look as ‘the case of leaving the fish to the cats’.
While the Prime Minister even ordered a thorough investigation, the Ministry of Land, Infrastructure and Transport immediately launched a comprehensive investigation in Gwangmyeong Siheung District, raising the possibility of further revealing the speculative situation.
The Lawyers Association for Solidarity Participation and Democratic Society (Minbyun) held a press conference yesterday (2nd), and last month 10 LH staff members were announced as new public housing sites. It was bought before the designation of a new city.
Participación Solidaridad and Minbyun received a report and analyzed the land ledger in the region. From April 2018 to June 2020, 14 LH employees in the metropolitan area and their spouses and families purchased 10 parcels for around 10 billion won. be be.
Shortly after the announcement, LH said that 12 of the 14 employees were identified as current employees and 2 were former employees, with 12 of them immediately excluded from the job.
Most of the former and current employees who are suspicious of the speculation are known to belong to LH’s regional headquarters in Seoul and Gyeonggi.
Some of them are reported to belong to the department in charge of land compensation for new residential land.
The land they bought is farmland distributed around the designated areas of the new city (all answers), and when they enter development, they can receive compensation for accommodation or compensation for land (a method of paying for land instead of cash).
Of the 10 billion won in land purchases, it is estimated that around 5.8 billion won came from loans to financial institutions.
In many circumstances, Minbyun et al. They argue that there is suspicion that LH employees, who are good at development information and land clearing businesses, have borrowed a large number of financial institutions and bought a lot of land in areas with high potential for new homes. . development of the city for speculative purposes.
“If you look at LH’s internal compensation regulations, shareholders who have 1,000 square meters are subject to the large land compensation standard. Some parcels were ‘chipped’ as soon as they died, but (shareholders) were compensated by giving them more of 1,000 square meters. “There are circumstances in which it seems that you know the way and act.”
On the farmland they bought, the situation was also seen when extensive tree planting was carried out immediately after the designation of a new city.
It is suspected that it is a carefully planned action to increase the amount of compensation.
Participación Solidaria and Minbyun emphasized that the allegations raised could be “the tip of the iceberg.”
If the suspicion of investigating some randomly selected parcels after being reported is so high, he said there is a possibility that there is a possibility of a greater scale of speculation and moral hazard, and that he will request a public interest audit from the auditor. .
Some argue that the subject of all speculation allegations should not be limited to the new cities of Gwangmyeong and Siheung, but should be extended to the six and third new cities.
In addition, a responsibility has also been raised with the Minister of Land, Infrastructure and Transport, Byun Chang-heum.
The time when Minister Byun served as LH Chairman (April 2019 to December 2020) is said to overlap with the period when employees suspected of speculation bought the land and were responsible for managing and overseeing it.
Yesterday, when Minister Byeon brought up the allegations of anticipatory speculation by LH executives and employees at a New Year’s meeting with the heads of the Ministry of Land, Infrastructure and Transport, the news that he called for the integrity improvement was criticized on the internet real estate. coffees as a “fluid method of escape from speech.”
