'LH Incident' Government Investigation Team: "No Additional Suspicious Cases Among Those Who Did Not Submit Information Consent"

[Sejong=Asia Economy Reporter Son Seon-hee] The government joint investigation team under the Office for Government Policy Coordination announced on the 16th that "As a result of completing additional investigations on 27 individuals (1 from the Ministry of Land, Infrastructure and Transport, 26 LH executives and employees) who submitted consent forms late regarding the Korea Land and Housing Corporation (LH) speculation scandal, no land transaction details within the scope of the investigation were confirmed."

These individuals either submitted their personal information consent forms late or were omitted from the initial announcement on the 11th due to reasons such as residing overseas (on leave). The first investigation covered a total of 14,346 people, including 4,509 Ministry of Land, Infrastructure and Transport employees and 9,837 LH employees.

Thus, the government's first investigation targeting Ministry of Land, Infrastructure and Transport and LH employees concluded with the identification of a total of 20 suspected speculation cases. The investigation team stated, "All investigation materials related to the Ministry of Land, Infrastructure and Transport and LH will be transferred to the Police Agency's Special Investigation Headquarters for reference in their investigation."

Furthermore, the government plans to commence a second investigation targeting about 10 local governments and public enterprises located in provinces. However, the 'ineffectiveness' of the government's investigation method, which simply queries the real names of current public officials, has been continuously criticized. Ultimately, illegal speculation transactions such as proxy or fictitious name transactions through family or acquaintances are expected to be revealed through future police investigations.

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