ACRC AND LH TO CLOSELY COOPERATE TO TACKLE CORRUPTION IN CONSTRUCTION SITES.
– ACRC and Land & Housing Corporation (LH) signed a memorandum of understanding (MOU) on 9th July… with the aim to prevent corruption and acts of infringing public interests, strengthen whistleblower protection, and facilitate reports in mutual cooperation –
(9th July 2024. ACRC)
Anti-Corruption and Civil Rights Commission (ACRC, Chairperson Ryu Chul Whan) concluded an MOU with the Korea Land and Housing Corporation (LH, CEO Lee Han Joon) to actively cooperate in preventing acts of corruption and public interest infringement in construction sites and spreading a culture of anti-corruption and integrity.
The MOU signed on 9th July was pushed under the consensus that the LH should be reformed as a leading institution with integrity trusted by the public through providing safe public housing without shoddy construction and corruption.
ACRC and LH agreed to mutually cooperate and provide support for preventing acts of corruption and public interest infringement in construction sites as well as reinforcing investigations into corruption and public interest reports and protection of reporters.
Other than the aforementioned, ACRC and LH reached an agreement to closely cooperate in establishing a voluntary monitoring system through facilitation of corruption and public interest reports, overhauling systems preemptively to root out corruption-causing practices, and communicating and educating for achieving a culture of anti-corruption and integrity.
In addition, according to the MOU, ACRC plans to conduct a joint integrity education targeting LH employees and related constructors nationwide in Sep. 2024, in order to eradicate illegal acts and prevent corruption and public interest infringement in construction sites for which LH has placed orders.
Furthermore, LH plans to run an intensive reporting period in October, 2024 to tackle problems such as the privilege of a former post and shoddy construction, etc. which have been pointed out as vulnerable areas, and strengthen the internal control system by reforming its own regulations.
The CEO Lee Han Joon said, “LH will strive to become an organization more trusted by citizens through the establishment of an anti-corruption system that can fundamentally prevent illicit and corrupt acts in construction sites in cooperation with the ACRC through the MOU.”
The ACRC Chairperson Ryu Chul Whan emphasized, “I believe the MOU signed by the two organizations today serves as important momentum to prevent corruption in construction sites, and the Commission will spare no efforts to join hands with LH in realizing more transparent and safe society.”