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Firms Tied to Flawed Apts Handed Contracts Worth 233 Bln Won by LH

Firms Tied to Flawed Apts Handed Contracts Worth 233 Bln Won by LH
kbs.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kbs.co.kr Daily Mail and Mail on Sunday newspapers.

LH CEO offers to resign as more faulty apartments found

The CEO of the state-run Korea Land and Housing Corp. (LH) offered to resign Friday amid the growing controversy over its lax oversight and poor management of apartment complexes with missing critical structural components. CEO Lee Han-joon said he was also belatedly informed that the firm omitted five apartment complexes from its inspection report on compounds with underground parking lots built using a flat plate m.

LH Left out 10 Apt Complexes in Its Inspection on Flat-plate Structures

LH Left out 10 Apt Complexes in Its Inspection on Flat-plate Structures
kbs.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kbs.co.kr Daily Mail and Mail on Sunday newspapers.

LH to launch team to crack down on construction cartel

The state-run Korea Land and Housing Corp. (LH) said Wednesday it will launch an "anti-cartel" headquarters as part of its effort to overhaul poor construction practices and stamp out the "construction cartel," a matter under scrutiny by the ruling party for potential collusion during the previous Moon Jae-in administration. LH CEO Lee Han-jun made the announcement at an emergency meeting of key .

Local governments launch probes into structures after reports of poor construction

The Ministry of Land, Infrastructure and Transport said Thursday it will launch full-fledged safety checks into buildings constructed using flat slab methods, following revelations that some 16.5 percent of apartment complexes built under the state-run Korea Land and Housing Corp. (LH) are missing critical structural components. The Ministry of Land said it will conduct investigations of 293 apartment complexes built.

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