Prosecutors questioned former presidential chief of staff for policy Kim Su-hyun on Monday over allegations of economic data manipulation during the previous Moon Jae-in government.
The prosecution on Thursday raided the Ministries of Land and Finance, Statistics Korea and the Korea Real Estate Board over allegations that the previous Moon Jae-in administration manipulated statistics on housing prices. The move came after the Board of Audit and Inspection requested an investigation into allegations that Moon's presidential office and the Land Ministry at that time of his presidency abused t.
The floor leader of the main opposition Democratic Party of Korea (DPK) urged President Yoon Suk Yeol on Monday to carry out a complete overhaul of the way he runs the government, saying that otherwise, his administration would be recorded as the worst-ever since South Korea s democratization.
The previous Moon Jae-in administration has taken flak for allegedly manipulating economic data to conceal policy failures. The Board of Audit and Inspection (BAI) said Friday that key policymakers of the Moon government had engaged in distorting various statistics on home prices, income & distribution and employment.
The state audit agency announced Friday that high-ranking officials, including a former land minister and key presidential aides from the preceding Moon Jae-in government, manipulated various economic data for several years, allegedly in support of its key economic and real estate policies.