In a post shared early that day on X (formerly Twitter), President Lee emphasized that "everyone has the right to request details of management fees."
He added, "From now on, all irregularities in South Korea will be normalized."
Earlier, on May 21, the Ministry of Land, Infrastructure and Transport announced measures to eradicate corruption related to management fees. The proposed reforms include increasing criminal penalties and abolishing exceptions that allowed audits to be waived with tenant consent.
During a Cabinet meeting in February, President Lee criticized the practice of raising management fees to evade rent regulations, stating that concealing management fee details is akin to fraud and embezzlement.
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.