Prosecutors Indict National University Professor for Bribery in LH Supervision Bidding

A professor at a national university who received bribes from a company and gave the highest evaluation score during the bidding process for a project ordered by LH (Korea Land and Housing Corporation) and the Public Procurement Service has been brought to trial.

The prosecution has requested an arrest warrant for the 5th cousin of Minister of Justice Cho Kuk, a key figure in the 'private equity fund suspicion,' and there are expectations that Professor Jung Kyung-shim, Cho's wife, will soon be summoned. The photo was taken on the 16th at the Seoul Central District Prosecutors' Office in Seocho-gu, Seoul. Photo by Kang Jin-hyung aymsdream@

The Fair Trade Investigation Division of the Seoul Central District Prosecutors' Office (Chief Prosecutor Yong Seong-jin) announced on the 7th that Professor Kim was arrested and indicted on bribery charges under the Act on the Aggravated Punishment of Specific Crimes.

According to the prosecution, in March 2022, after being selected as a judge for the construction project management service bid ordered by LH, Kim received a request from a specific supervision company to give a "first-place score," awarded the score as requested during the evaluation, and received 80 million won in two installments.

The prosecution stated, "Through the investigation of this case, it was confirmed that the moral hazard has reached a serious level, with the evaluation committee member responsible for selecting the supervision company for large-scale apartment construction services ordered by the public sector?directly related to the lives and safety of the people?actively demanding money by encouraging bidding companies to propose higher bribe amounts."

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