'Speculation Allegations' Pocheon City Hall Official Reported by Sajunmo Representative, Complainant Status Under Police Investigation

Representatives from various regions and residents participating in the National Solidarity Countermeasure Council for Public Housing Districts held a press conference on the afternoon of the 10th in front of the land suspected of speculation by LH employees in Gwarim-dong, Siheung-si, Gyeonggi Province, condemning LH Corporation and urging the complete cancellation of the 3rd New Town public housing districts.
[Image source=Yonhap News]

[Asia Economy Reporter Lee Gwan-ju] The police, investigating allegations of real estate speculation in new town areas involving senior officials of Pocheon City Hall, are accelerating the related investigation after completing the complainant interviews.

The Special Investigation Team for Real Estate Speculation Crimes of the Northern Gyeonggi Provincial Police Agency summoned Kwon Min-sik, the representative of the Judicial Examination Preparation Group (Sajunmo), on the 10th for questioning as a complainant.

Sajunmo had previously filed complaints with the police against Mr. A, a senior official of Pocheon City Hall who caused controversy by borrowing 4 billion won to purchase land and buildings near a planned subway station site, and Mr. B, an employee of the LH Seoul Regional Headquarters who was audited for paid auction lectures.

It is reported that Representative Kwon submitted related real estate registration certificates and other evidence materials to the police. Regarding this, Mr. A's side stated that the construction of the subway station in the area is already widely known information and poses no issue.

The police plan to verify the facts based on the evidence materials and then summon the accused for investigation. Additionally, investigations into the 3rd new town areas under the jurisdiction of the Northern Gyeonggi Provincial Police Agency, namely Goyang Changneung District and Namyangju Wangsuk District, are expected to commence in earnest.

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