[Breaking News] President Moon: "Thoroughly Investigate Real Estate Speculation and Nominee Transactions"
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[Asia Economy Reporter Ryu Jeong-min] President Moon Jae-in has ordered a thorough investigation into whether relatives were involved in proxy transactions related to real estate speculation allegations involving current and former employees of the Korea Land and Housing Corporation (LH).
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Kang Min-seok, spokesperson for the Blue House, stated on the afternoon of the 12th, "President Moon said that the first investigation results of the LH speculation allegations are just the beginning. What has been revealed so far may be just the tip of the iceberg," adding, "The entire scope of the speculation must be uncovered. He has instructed a thorough investigation into proxy transactions involving public officials, LH executives and employees' families, and relatives."
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