Search Conducted at Ulsan City Hall Over Real Estate Speculation Allegations Against Former Ulsan Deputy Mayor Song Byung-ki
Ulsan Police Agency Investigates After Securing Data from Four City Hall Locations... Strict Action to Be Taken if Illegality Confirmed
[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] The Ulsan Police Agency conducted a search and seizure at Ulsan City Hall on the morning of the 21st in connection with real estate speculation allegations against former Ulsan Deputy Mayor for Economic Affairs Song Byeong-gi.
The Ulsan Police Agency's Anti-Corruption Crime Investigation Unit announced that from 10 a.m. that day, they were carrying out search and seizure operations at four locations including the City Planning Division and the Construction and Road Division of City Hall.
This search and seizure is not related to the 'Blue House Ulsan Mayor Election Interference Allegation Case,' but is known to be connected to former Deputy Mayor Song's land speculation allegations.
A police official stated, "We plan to strictly investigate if any illegal activities are confirmed through analysis of the materials secured during the search and seizure."
The police said they could not provide detailed information as the case is currently under investigation.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Former Deputy Mayor Song is suspected of having made a capital gain of approximately 360 million won by reselling land he purchased in 2014 while serving as Director of the Ulsan City Transportation and Construction Bureau at the end of 2019, when he was Deputy Mayor for Economic Affairs.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.