Ha Tae-kyung "Why does Moon try to protect Minister Byun? What kind of emotional debt does he have?"

Ha Tae-kyung, a member of the People Power Party, is holding up the price disclosure documents from former Seoul mayors during their terms at a press conference condemning the alleged concealment of SH Corporation's Magok sale cost data, held on the morning of the 4th at the Kyungsilyeon in Jongno-gu, Seoul. [Image source=Yonhap News]

[Asia Economy Reporter Kim Choyoung] Ha Tae-kyung, a member of the People Power Party, criticized Minister Byeon Chang-heum of the Ministry of Land, Infrastructure and Transport (MOLIT), saying, "Minister Byeon, who turned the Korea Land and Housing Corporation (LH) into a speculative real estate entity, is not the subject of investigation but the top priority for prosecution," in relation to allegations of speculation by LH employees in the 3rd New Town development projects, and called for his resignation.

On the 11th, Ha wrote on his Facebook, "Does President Moon have a debt of gratitude to Byeon Chang-heum as well?" and pointed out, "President Moon refused the public's demand to have Minister Byeon resign. It shows a lack of will to eradicate real estate speculation."

He sharpened his criticism, saying, "Who among the public can understand continuing to entrust the rapid promotion of the 3rd New Town project to him when he should be immediately forced to resign and investigated? What kind of debt of gratitude is there that protects Minister Byeon, who is incurring public outrage?"

He also pointed out, "Most of the speculation by LH employees was committed during Minister Byeon's tenure as LH president," explaining, "During Minister Byeon's time, compensation for new towns became more complicated and the amounts increased, turning land dealings into a lottery. LH became a speculative real estate entity, turning the whole country into a speculation market, and employees jumped in to take a share, which is the cause of this incident."

He added, "The responsibility lies with Minister Byeon, who is at the apex of the LH scandal. If we leave Minister Byeon, who failed to control housing prices and prevent corruption, any measures will be ineffective," and criticized, "In 2019, President Moon said in a dialogue with the public that he was confident about real estate. But the reality has become 'confident about real estate speculation'."

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