Jinju City to Complete Full Survey of Public Officials' Real Estate by May

Including Civil Servants, Spouses, and Direct Lineal Relatives, Large-Scale Development Projects by the City Since 2014

Jinju City Hall Exterior View

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Jinju City in Gyeongnam announced on the 6th that it has been conducting a full-scale investigation into real estate transactions by public officials since the end of March and plans to release the results by May.

The investigation targets public officials including Mayor Jo Gyu-il and all civil servants of grade 5 or higher, as well as officials related to the relevant projects. The investigation covers not only the officials themselves but also their spouses and direct lineal relatives.

Due to the expiration of the statute of limitations (7 years) under the Anti-Corruption Act and related laws, the investigation focuses on large-scale development projects conducted by the city since 2014.

The targeted projects include ▲ Jinju Ppuri General Industrial Complex Development ▲ Construction of Jinju City Agricultural Technology Center ▲ Creation of Jinyangho Eco-friendly Leisure Healing Space ▲ Jangjae Park Private Special Case Project, totaling four projects.

The city operated a voluntary reporting period until the 9th of last month and is currently verifying real estate transaction details of civil servants and their families who have submitted consent forms for the use of personal information.

Additionally, the city is receiving reports on illegal real estate transactions through its official website. The city plans to conduct an in-depth investigation into whether the confirmed real estate transactions involved speculation using insider information, and if illegal speculation is confirmed, it will take follow-up measures such as requesting investigations by judicial authorities.

A city official stated, “During the full-scale investigation period, we are operating a Public Officials Real Estate Speculation Public Interest Reporting Center, and involving citizen expert auditors in the investigation process to ensure professionalism and fairness. We will conduct the investigation sincerely to resolve citizens’ distrust toward the public service community.”

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