Gwangyang City Hall.

Gwangyang City Hall.

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[Asia Economy Reporter Lee Gwan-ju] Police conducted a search and seizure on the 13th in connection with real estate speculation allegations against Jeong Hyeon-bok, mayor of Gwangyang.


The Jeonnam Provincial Police Agency's Special Investigation Unit for Real Estate Speculation sent investigators to Gwangyang City Hall in Jeonnam around 9 a.m. that day to carry out the search and seizure.


Mayor Jeong faced controversy over conflicts of interest as roads were constructed on land owned by him and his children, and development proceeded on land owned by his wife.



A police official stated, "We plan to analyze the materials secured through the search and seizure and conduct a swift and strict investigation."


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