Special Investigation Unit Conducts Search and Seizure at Administrative City Construction Agency over Former Chief's Speculation Allegations (Update)
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[Asia Economy Reporter Jeong Dong-hoon] The government joint special investigation headquarters (Special Investigation Headquarters), which is investigating real estate speculation allegations stemming from Korea Land and Housing Corporation (LH), began a forced investigation on the 26th targeting the Administrative City Construction Agency (Haengbokcheong) and others.
The Special Investigation Headquarters announced that from 10 a.m. on the same day, they were conducting searches and seizures at four locations, including Haengbokcheong in Sejong City.
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The head of Haengbokcheong holds a vice-ministerial position and is the highest authority responsible for the construction of the new city in Sejong.
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