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[Asia Economy Reporter Kim Hyung-min] The High-ranking Officials' Crime Investigation Agency (HCIA) has decided not to prosecute former and current prosecutors who were accused by civic groups of conducting a negligent investigation into the preferential sale allegations related to LCT.


According to the legal community on the 4th, the HCIA's Investigation Division 2 (Chief Prosecutor Kim Seong-moon) recently made a final disposition on 13 former and current prosecutors who were reported by Busan Participation Solidarity for abuse of authority and dereliction of duty. Prosecutor Cha was cleared of charges, while the remaining 12 were dismissed.


Earlier, Busan Participation Solidarity accused Lee Young-bok, the actual owner of LCT, of using the sale rights as a lobbying tool and filed a complaint with the prosecution in November 2017 against 43 unnamed individuals who received preferential sales, on charges of violating the Housing Act. The Busan District Prosecutors' Office, which investigated the case, dismissed 41 of the 43 contract holders except for 2 on October 27, 2020, just 3 days before the statute of limitations expired. The notification of the disposition was delivered to Busan Participation Solidarity on the day the statute of limitations expired.



In response, Busan Participation Solidarity reported the investigation and command line of 2017-2020 to the HCIA, alleging that Busan prosecutors consciously neglected or abandoned the investigation, derelicted their duties, and abused their prosecution rights to obstruct the complainant's right to appeal.


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

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