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a result of self-investigation by the Ministry of Land, Infrastructure and Transport on the allegations that LH employees were dumping land in Siheung, Gwangmyeong, where the new city will be built, there were other employees who were suspicious of land dumping in addition to those disclosed by civic groups.

As the suspicion of speculation by the actors who implement the government's real estate policy grew, the president was on the verge of losing trust in the government policy.

President Moon Jae-in ordered a thorough investigation into the entire 3rd new town.

Reporter Jeong Seong-jin reports.


When allegations of speculation were raised, the Ministry of Land, Infrastructure and Transport and LH identified LH employees by checking the registered copies of all parcels in the Gwangmyeong Siheung New Town.

In addition to the Siheung lot that was released by the Participation Solidarity and Minbyun, it has been confirmed that LH employees purchased 4 lots of Gwangmyeong before the new city announcement.

As a result, 13 current employees and 2 former employees who are suspicious of land speculation have been relegated to all 13 positions.

There are 12 lots of land estimated to have been speculative.

[Attorney Seo Seong-min/Minbyeon Civil Economic Commission: It is strongly assumed that similar behaviors of employees of Korea Land and Housing Corporation have been a common practice in the past.]

President Moon Jae-in said that not only Siheung Gwangmyeong, but also Changneung Goyang, where land compensation is currently in progress. And Hanam Gyosan and other 3rd new towns were ordered to conduct a thorough investigation.

[Kang Min-seok/Cheong Wa Dae spokesman: Investigate intensely so that no suspicion remains.

If any illegal matters are confirmed, we will respond strictly, such as an investigation request.]

However, even in a thorough investigation, it may be difficult to identify the land purchased under the name of a relative, etc., hiding the name of the person.

The Ministry of Land, Infrastructure and Transport announced that the Ministry of Land, Infrastructure and Transport, employees of local public corporations, and local public corporations will consider prohibiting land transactions for non-living purposes in relation to the development of new housing sites, and prior notification if inevitable.