Former LH Employee Who Swept 15 Apartments Now Audit Director at Reemployed Public Corporation

Chungmugong-dong, Jinju-si, Gyeongnam, Korea Land and Housing Corporation (LH) Headquarters
[Image source=Yonhap News]

[Asia Economy Reporter Seongpil Jo] It has been revealed that a former LH employee, who was disciplined and resigned after buying and selling 15 Korea Land and Housing Corporation (LH) houses nationwide under his own and his family's names, is currently working as the head of the audit office at a public corporation under the Ministry of Land, Infrastructure and Transport.

According to Hwang Bo-seung-hee, a member of the People Power Party, former LH employee A purchased a large number of LH apartments in Suwon, Dongtan, Gyeongnam, Daejeon, Pohang, and Changwon during his tenure but did not report this to the company. He was reprimanded and voluntarily left the company. A concealed this disciplinary action and re-entered a public corporation, overcoming a competition rate of 11 to 1. After one and a half years of employment, he was promoted and appointed as the head of the audit office. It is reported that the public corporation was unaware of A’s disciplinary record at LH until Hwang raised the issue.

A explained to the company that the reason for not disclosing the disciplinary action was "fearing it would disadvantage my employment." Hwang said, "This is a clear example showing that the public service discipline under the Moon Jae-in administration was rotten from the root," and added, "I will amend related laws to prevent the national scourge of real estate speculation from gaining a foothold in the public sector."

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