Yeo "Moon Administration's 2·4 Measures Should Be Reviewed for Cancellation"

"If Corruption Is Confirmed, It Cannot Be Called 'Gonggong Taekji'"

Korea Land and Housing Corporation (LH)

[Asia Economy Reporter Park Jun-yi] The People Power Party has argued that the '2.4 Real Estate Measures' promoted by the Moon Jae-in administration should be reconsidered for cancellation. This is because if the allegations of real estate speculation involving the Korea Land and Housing Corporation (LH) are true, the purpose of the supply measures to provide public land nationwide would be lost.

On the 10th, Kim Jae-sik, deputy spokesperson of the People Power Party, stated in a commentary, "If it is confirmed through proper prosecution investigations, Board of Audit and Inspection audits, and national investigations that 'corruption rampant (corruption is completely rampant)' speculation has occurred, these lands cannot be called 'public land,'" adding, "The cancellation of the 2.4 measures should also be considered."

Earlier, on the 9th, Kang Min-seok, spokesperson for the Blue House, reported that President Moon Jae-in held a briefing and said, "Speculation should be investigated separately, but there should be no disruption to the implementation of the 2.4 real estate measures."

Regarding this, Deputy Spokesperson Kim rebutted President Moon's remarks, asking, "'Speculation should be investigated, but the 2.4 measures should proceed without disruption'?can this issue be resolved only by the Ministry of Land, Infrastructure and Transport, which is subject to investigation, and the police who are conducting a delayed investigation?"

He said, "The Ministry of Land refuses to consent to the submission of personal information, and isn't it true that there are as many as 12 LH employees involved?" adding, "If it is confirmed through proper prosecution investigations, Board of Audit and Inspection audits, and national investigations that 'corruption rampant (corruption is completely rampant)' speculation has occurred, these lands cannot be called 'public land.'"

Deputy Spokesperson Kim also said, "The public, who witness the bold and diverse speculation methods of LH employees every day, are outraged," and sharply criticized, "At this point, is this public (公共) land, or an openly (公公然) speculative playground?" He continued, "The public is questioning whether LH and the Ministry of Land, Infrastructure and Transport, which are suspected of lacking public integrity, are truly qualified to carry out new town land development projects."

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