12 Districts 13,920 Parcels ... "Announcement in the First Week of April"

Daegu Deputy Mayor Chae Hong-ho holds a briefing on the 12th to announce a full-scale investigation policy for LH development project sites.

Daegu Deputy Mayor Chae Hong-ho holds a briefing on the 12th to announce a full-scale investigation policy for LH development project sites.

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[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] Daegu City announced on the 12th that it will conduct a full-scale investigation into illegal speculation targeting public officials and employees of affiliated public corporations related to 12 large-scale development project districts implemented in the region.


The investigation team will be led by Deputy Mayor Chae Hong-ho and consist of about 40 members, mainly city, county, and district public officials. The investigation targets 15,408 people, including 12,523 public officials belonging to the city and district/county, 2,708 from the Daegu Fire Safety Headquarters, and 177 from Daegu Urban Corporation.


The investigation districts include a total of 12 districts with 13,920 parcels: 5 districts with 9,159 parcels such as the Yeonho District public housing and Technopolis industrial complex, which are projects led by LH, and 7 districts with 4,761 parcels such as the Suseong Medical District and Ansim New Town promoted by Daegu Urban Corporation.


The investigation will be conducted in two phases, first and second. The first phase is a full-scale investigation targeting public officials and employees of the corporation, so it will utilize internal personnel cards within the public sector, and therefore legal procedures such as obtaining consent for personal information collection are not required.


According to Daegu City, they plan to conduct a full investigation of land ownership and transaction details within the 12 project districts by using acquisition tax payment data.


Daegu City will cooperate with the police and the National Tax Service in the future to punish public officials involved in illegal speculation with a zero-tolerance policy, and will also operate a speculation suspicion reporting center within the Audit Office.



Deputy Mayor Chae Hong-ho stated, "The scope of the investigation covers from five years before designation to the time of compensation for development project districts where compensation has been completed, and for those where compensation is not yet completed, all land transaction details up to the present. We plan to promptly conduct investigations on city headquarters, district/county public officials, and Urban Corporation employees and announce the investigation results in the first week of April."


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

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