Yangsan City Council to Conduct Full Investigation of City Council Members' Real Estate Transactions

Gyeongnam Yangsan City Council has decided to investigate all city council members' real estate transactions.
[Image source=Yangsan City Council]

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] The Yangsan City Council in Gyeongnam recently announced on the 24th that, regarding the recent land speculation allegations involving LH employees, city council members from both the Democratic Party and the People Power Party have reached a unanimous agreement to conduct an investigation into real estate transactions.

This decision was made following the submission of a proposal on the 23rd by city council members to the chairperson, emphasizing the need for a comprehensive investigation into real estate transactions by elected officials to address suspicions and restore trust.

In response, Chairperson Lim Jeong-seop held a meeting with two members from each political party to discuss measures for a fair and transparent investigation.

They plan to establish specific directions regarding the scope and targets of the investigation, as well as the composition of the investigative team, by the 26th.

Chairperson Lim Jeong-seop stated, “Not only public officials but also elected officials must never engage in real estate transactions using information acquired through their official duties. We will carefully determine the investigation direction to ensure that no suspicion remains.”

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