The government has announced a reform plan on state-run Korea Land and Housing Corporation (LH) three months after some of its employees were suspected of having used inside information to purchase lands sites for new town...
The ruling Democratic Party (DP) told 12 lawmakers identified by the Anti-Corruption and Civil Rights Commission as being involved in illegal real estate transactions to leave the party.
The National Police Agency's special task force said Monday it has arrested four employees of state-run companies and government bodies to date and obtained court confiscation orders on such illegally acquired assets.
Another Korea Land and Housing Corp. (LH) employee has been found dead amid an expanding inquiry into allegations that employees at the state-run corporation purchased land using inside information.
Korea JoongAng Daily Sitemap
