Police Conduct Forced Investigation on Guri City Official for 'Real Estate Speculation'...Search and Seizure at 5 Locations Including Guri City Hall (Update)

The Anti-Corruption and Public Crime Investigation Unit of the Seoul Metropolitan Police Agency is coming out after conducting a search and seizure at the LH Seoul Regional Headquarters in Gangnam-gu on the afternoon of the 13th in connection with allegations of delivery corruption. The photo is not directly related to the article. Photo by Yonhap News.

[Asia Economy Reporter Jeong Dong-hoon] The police have launched a forced investigation into public officials affiliated with Guri City Hall in Gyeonggi Province who are suspected of real estate speculation.

The Seoul Metropolitan Police Agency's Financial Crime Investigation Unit announced that from around 9 a.m. on the 14th, they conducted searches and seizures at five locations, including Guri City Hall and the residences of the suspects, in connection with the real estate speculation allegations against the affiliated public officials.

The police have been investigating allegations that Guri City Hall officials obtained advance information about the development of the 'E-Commerce Logistics Complex' being established in the Sanonong area of Guri City, and purchased land near the planned development site (violations of the Anti-Corruption Act and the Real Name Real Estate Act).

The police plan to conduct interviews with related parties based on the materials secured.

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