Suspicion of Real Estate Speculation by Incheon Jung-gu Office Officials... Police Raid Office for Search and Seizure

[Asia Economy Reporter Park Hyesook] The police have detected allegations of illegal real estate speculation by a public official of a basic local government in Incheon and have launched a forced investigation.

On the 23rd, the Jungbu Police Station in Incheon conducted a search and seizure at the office of the Culture and Tourism Division of Jung-gu Office in Incheon.

On that day, the police sent officers to the office in the morning and secured documents related to public official A, who is suspected of violating the Act on the Prevention of Corruption and the Establishment and Operation of the Anti-Corruption and Civil Rights Commission.

A is suspected of making a profit by announcing a development plan for the site after conducting a real estate transaction under a family member's name eight years ago.

Article 7 of the Act on the Prevention of Corruption and the Rights of Public Officials prohibits public officials from acquiring or causing a third party to acquire property or financial benefits by using secrets learned during the course of their duties.

A police official stated, "We executed a search warrant to secure evidence, and it is difficult to disclose specific details related to the investigation."

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