Real Estate Speculation Reports and Tips Accepted: 'Police Reporting Center' Operations Begin
Direct Line Established... Operating Weekdays 9 AM to 9 PM
Five Expert Police Counselors Deployed
[Asia Economy Reporter Lee Gwan-ju] A dedicated police reporting center has been launched to receive reports and tips regarding real estate speculation allegations involving employees of Korea Land and Housing Corporation (LH).
The Government Joint Special Investigation Headquarters announced on the 15th that it will operate a 'Police Reporting Center' to conduct a thorough investigation into speculation allegations related to the 3rd New Town development.
The reporting center is headed by a police superintendent and staffed by five specialized counseling officers who handle consultations and report intake. A direct phone line (02-3150-0025) has also been established for prompt and accurate consultations.
The center operates from 9 a.m. to 9 p.m. on weekdays and from 9 a.m. to 6 p.m. on Saturdays. The main targets for reporting include ▲ misuse of insider information by public officials or public institution employees ▲ real estate speculation activities ▲ market disruption activities related to real estate.
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A police official stated, "We urge citizens to actively report any suspected real estate speculation."
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