SEOUL: A second senior official from Korea Land and Housing Corp was found dead in Paju, north of South Korean capital Seoul, in an apparent suicide amid a growing insider property speculation scandal, an officer from the Paju Police Station said.
This is the second death of an LH official since the South Korean government this week declared war on property crime. According to an initial investigation into the scandal, at least 20 LH employees are suspected of trying to use classified knowledge to buy undeveloped land before new development projects were slated to begin in the areas, South Korean Prime Minister Chung Sye-kyun said on Thursday.