Finance minister renews calls for public servants' alertness amid land deal scandal
SEOUL, March 8 (Yonhap) -- Finance Minister Hong Nam-ki said on Monday that the latest land speculation scandal involving public officials is a wake-up call for public servants whose misdeeds undermine the credibility of key policies.
Public outcry mounted over allegations that employees of the state-run housing developer Korea Land and Housing Corp. (LH) used internal information on housing supply projects for their speculative property investments.
"Public servants should take the latest case with extra vigilance as misdeeds committed by civic servants can damage trust toward their organizations and policies," Hong said in a message to senior finance ministry officials.
A day earlier, the government vowed zero tolerance for public servants found to be involved in property speculation using insider information, including filing criminal charges and retrieving their ill-gotten profits.

This photo, taken March 4, 2021, shows the headquarters of the state-run housing developer Korea Land and Housing Corp. (LH) in Jinju, some 284 kilometers southeast of Seoul. (Yonhap)
sooyeon@yna.co.kr
(END)
-
(Yonhap Interview) BTS producer encourages anticipation for future messages from group
-
(News Focus) From hip-hop idols to global superstars, BTS shatters records over decade
-
BTS to drop song celebrating 10th anniversary
-
3 EXO members file antitrust complaint against SM Entertainment
-
RM to attend Seoul festival to mark BTS' 10th anniv.
-
(Yonhap Interview) BTS producer encourages anticipation for future messages from group
-
(News Focus) From hip-hop idols to global superstars, BTS shatters records over decade
-
(LEAD) 4 Chinese, 4 Russian military planes enter S. Korea's air defense zone without notice: S. Korean military
-
S. Korean military continues operation to salvage N. Korean rocket debris
-
BTS to drop song celebrating 10th anniversary
-
BTS to drop song celebrating 10th anniversary
-
(Yonhap Interview) UNSC virtually 'paralyzed' in dealing with N.K. provocations; S. Korea to urge China, Russia to play constructive role: FM
-
(LEAD) 14 injured as escalator reverses at Sunae Station in Bundang
-
Chinese ambassador warns against betting against China
-
S. Korean foreign ministry summons Chinese envoy in protest of comments on Seoul-Washington ties