As a result of SBS coverage, a situation in which an LH executive of the Korea Land and Housing Corporation conspired with his brother to speculate was revealed.



A, the older brother of a former LH executive, Mr. Lee, purchased the land near the 'Yangjeong Station Area Complex Development District' in Namyangju, Gyeonggi Province for 900 million won in the name of his spouse and son in September 2018.



The Yangjeong Station Area Development Zone was designated by the Ministry of Land, Infrastructure and Transport as an urban development zone in March 2019, and the operator at that time was LH.



There is a suspicion that Mr. A purchased the land ahead of the Ministry of Land, Infrastructure and Transport's notice and was aiming for good development.



At LH, Mr. Lee has been mainly in charge of urban development, working through the New Town Project Office, Housing Site Development Office, and Urban Planning Office.



He was serving as the head of the division until June of this year, when LH conducted a large-scale audit of current and former employees, but the audit at the time, which only targeted direct lineages, failed to filter out allegations of speculation.



More details can be found on <SBS 8 News> on the evening of the 26th.