As of the end of July, the nationwide achievements of finding Japanese owned property during the Japanese colonial rule reached 2.6% (90.4 billion won based on official land price) and 90% of the total area (2.9㎢) of Yeoido.

The Public Procurement Service will complete the nationalization by the end of this year after completing the target land survey.

According to the Public Procurement Service (KPA) on the 6th, the property that belongs to the country as Japanese property owned by the Japanese colonial rule is estimated to be 14,000 parcels.

The Public Prosecutors' Office visited the local governments such as Jeonnam Yeongwang, Chonbuk Jeongeup, Gyeongnam Changwon, Gyeongbuk Gyeongsan, and Gangwon Chuncheon and the courts, the National Archives, and the National Tax Service to promptly issue data and work together. As a result, W I finished the survey on the parcels.

In the process of computerization of the evidences produced in the past, there were difficulties such as misinterpretation and input of Chinese characters, difficulty and complexity of the law related to real estate, incompleteness of the Japanese list during the Japanese colonial rule, We calmly analyzed and investigated.

When the investigation is completed as planned, nationalization will be completed through the announcement procedure and the next year after the nationalization parcels are selected.

The PPS has nationalized the 3,662 parcels (worth 89.3 billion won) of property owned since June 2012, when the related business was handed over.

Separately, the government is working closely with law enforcement agencies such as the Seoul High Court and the Government Legal Affairs Corporation to privatize 122 parcels (worth 1 billion won) from 2015.

Hidden property refers to property that has abused or unfairly privatized an individual, such as the "Act on Special Measures for the Registration of Real Estate Ownership Transfers, etc.".

Chung Moo-kyung, the chief of the commission, said, "Nationalization of Japanese possessions and hidden assets is meaningful for the 100th anniversary of the establishment of the Provisional Government of the Republic of Korea and the 3.1 Movement this year," and said, "We will do our best to nationalize the hidden assets to the end."

(Photo: Yonhap News)