'Responsibility for Toheje Chaos'... O Sehun's Key Aides Submit Resignations

Lee Jong-hyun and Park Hyung-soo Resign as Special Advisors
Responsibility for Crisis Management over Land Transaction Permit Zones... Acceptance Pending

Lee Jong-hyun, a key aide directly assisting Seoul Mayor Oh Se-hoon, and Park Hyung-soo, a policy advisor, have tendered their resignations. They expressed their intention to take responsibility for the controversies surrounding the lifting and re-designation of the land transaction permit zones.

According to Seoul City on the 21st, the two advisors conveyed to Mayor Oh their intention to step down from their positions as aides supporting policy decisions, taking responsibility for failing to properly analyze the impact and manage the crisis following the lifting of the land transaction permit zones.

The acceptance of their resignations has not yet been decided. A Seoul City official explained, "Park and Lee have expressed their intention to resign," but added, "Their resignations have not yet been accepted."

Advisor Lee served as Seoul City’s deputy spokesperson, political advisor, and public relations advisor during Mayor Oh’s 4th and 5th terms starting in 2006, and was the spokesperson in 2010. He is considered one of Mayor Oh’s closest aides, having worked closely with him for a long time and deeply understanding his administrative philosophy and vision.

Advisor Park is an economist formerly with the Bank of Korea and an expert in macroeconomics, taxation, and administration, having served as the head of the Statistics Korea and the Korea Institute of Public Finance. Since March 2022, he has been the president of the Seoul Institute, supporting Mayor Oh’s policy decisions, and was appointed as a policy advisor in December 2023.

Earlier, on the 12th of last month, Seoul City judged that housing prices had somewhat stabilized and lifted the land transaction permit system, but after housing prices surged mainly in the Gangnam 3 districts, the system was expanded and re-designated on the 19th.

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