Daejeon City Investigates Civil Servants for 'Real Estate Speculation' in Doan New Town and Other Areas

[Asia Economy (Daejeon) Reporter Jeong Il-woong] Daejeon City is examining whether there has been any real estate speculation by public officials in development districts within the city.

The city announced on the 15th that it will form and operate the "Daejeon City Public Officials Real Estate Speculation Special Investigation Team" starting from the 16th.

The special investigation team will be composed of a real estate transaction investigation unit, a public officials investigation unit, and an external cooperation unit, and will begin operations on the 16th.

The real estate transaction investigation unit will analyze real estate transaction details and acquisition tax imposition data in development districts, while the public officials investigation unit will be responsible for on-site verification, disciplinary actions, and requests for investigation regarding cases suspected of speculation.

The investigation will initially focus on about 4,000 city hall public officials. If any irregularities are found, the scope will be expanded to include the spouses and direct descendants of the concerned public officials.

The real estate speculation investigation areas include 12 development districts such as land development districts like Doan 2-1, 2-2, 2-5 districts; urban development districts like Gubong, Pyeongchon, Yeonchuk, Gyebaek, Gapcheon districts; and industrial complex districts like Ansan, Sindongdungok, Taprip, and Jeonmin.

The city is reportedly focusing on real estate transactions that occurred from five years before the designation of each district as a project area up to the date of designation.

Meanwhile, apart from the special investigation team, the city operates a public interest reporting center to receive voluntary reports and tips, and recommends that the five autonomous districts conduct their own investigations.

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