Former Minister Park Young-sun, a candidate for the Seoul mayoral primary of the Democratic Party of Korea, is announcing a healthcare policy centered on one-stop healthcare at Anguk Building in Jongno-gu, Seoul on the 16th. Photo by Dongju Yoon doso7@

Former Minister Park Young-sun, a candidate for the Seoul mayoral primary of the Democratic Party of Korea, is announcing a healthcare policy centered on one-stop healthcare at Anguk Building in Jongno-gu, Seoul on the 16th. Photo by Dongju Yoon doso7@

View original image


[Asia Economy Reporter Koo Chae-eun] On the 5th, Park Young-sun, former Minister of SMEs and Startups and the Democratic Party candidate for the April 7 Seoul mayoral by-election, stated regarding the suspicion of advance land speculation worth 10 billion won by employees of Korea Land and Housing Corporation (LH) in the Gwangmyeong and Siheung districts of Gyeonggi Province, “If necessary, a full investigation targeting all employees of Seoul Housing and Communities Corporation (SH) should also be conducted.”


On the same day, Park appeared on MBC Radio’s “Kim Jong-bae’s Focus” and said, “(The LH speculation suspicion) must be dealt with very strongly.” She added, “Currently, under the Public Officials Ethics Act, the duty to prevent conflicts of interest, and the Anti-Corruption Act, violations such as misuse of confidential information related to work can be applied.” She also stated, “When economic benefits are obtained through improper reasons, confiscation should be possible.”



Park emphasized, “A monitoring organization involving citizens should be established to prevent recurrence of corruption using internal information,” and “Clear legislation at the National Assembly level is necessary to impose strict punishment when unfair profits are detected.” She assessed that once monitoring by the oversight organization begins, it will itself exert considerable pressure.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing