The government announced that it will propose measures to prevent the recurrence of land speculation in the third new city by employees of the Korea Land and Housing Corporation (LH) and will design a plan for the degeneration of pangol LH by the end of this month.
Hong Nam-ki, Deputy Prime Minister for the Economy and the Ministry of Strategy and Finance, said: “The government will eradicate speculation in public officials and reform the capture of real estate”, at the 17th meeting of ministers related to the real estate market held in government. building in Seoul on the 17th. We are working towards doing so, ”he said.
Vice Premier Hong added: “Currently, a Joint Special Investigation Headquarters investigation into spouse and direct existence in connection with the LH incident is underway.”
Regarding the LH transformation plan, he emphasized, “We are reviewing the most powerful and rational measures,” he emphasized, “We will examine all areas ranging from LH functions, workforce and business structure, as well as strengthening integrity and ethics. stewardship. LH was launched in 2009 through the combination of Korea Land Corporation (Earth and Construction) and Korea Housing Corporation (Jugong) and, by the end of last year, has grown into a dinosaur organization with 9,500 employees and an asset of 184 billion won.
Vice Premier Hong explained that the measures to prevent a recurrence of real estate speculation are “preparing measures from the prevention of speculation to the entire process of detection, sanction and redemption.”
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