Police raid land ministry over mounting LH scandal
Posted : 2021-03-17 10:59
Land Minister Byeon Chang-heum / Yonhap
Police conducted raids on Wednesday into multiple places, including the land ministry, in a widening investigation into alleged land speculation by employees of a state housing developer.
Gyeonggi Nambu Police Agency has sent investigators to the Ministry of Land, Infrastructure and Transport located in the administrative capital of Sejong, some 120 kilometers south of Seoul.
The raids have also been conducted at six other locations, including the headquarters of the Korea Land and Housing Corp. (LH), the state housing developer, in Jinju, South Gyeongsang Province, and a branch of Nonghyup Bank in Siheung suspected of providing loans to LH officials for land purchases.
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