Kim Jong-in Proposes Comprehensive Real Estate Investigation of 300 National Assembly Members: "Let's Give It a Try"

Public Officials Must Manage Their Surroundings Well
LH Scandal Reveals Ruling Party's Speculation DNA Spread

Kim Jong-in, Emergency Response Committee Chairman of the People Power Party Photo by Yonhap News

[Asia Economy Reporter Lee Hyun-joo] Kim Jong-in, Emergency Committee Chairman of the People Power Party, on the 11th readily agreed to the proposal by Kim Tae-nyeon, Acting Leader of the Democratic Party of Korea, for a full investigation of real estate holdings of all 300 members of the National Assembly, saying, "Let's do it."

Following allegations of involvement by ruling party lawmakers in the Korea Land and Housing Corporation (LH) corruption scandal, Acting Leader Kim proposed a full investigation of all lawmakers on the same day.

After the emergency committee meeting, Chairman Kim told reporters, "Let's do it once. All 300 members."

Chairman Kim is not a current member of the National Assembly.

He emphasized, "Those who become public officials must thoroughly manage their surroundings," adding, "It is unacceptable for people around them to obtain information from their spouses or others and engage in speculative activities."

He also said that general investment cannot be prevented. He stated, "Depending on the situation, various judgments can be made, but it is impossible to prevent family members from investing some of their assets in real estate for self-wealth accumulation."

Meanwhile, at the meeting, Chairman Kim pointed out, "This LH incident shows how the speculative DNA of the ruling power is spreading comprehensively throughout the public service society."

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