President Lee issues emergency order to halt all government asset sales... Possibly due to criticism of ”low-priced sales” during parliamentary audit = South Korea

South Korean President Lee Jae-myung announced on the 3rd that he would suspend all sales of government-owned assets and would reconsider all sales currently underway or under consideration before deciding whether to proceed.
Choi Hui-young, government spokesman and Minister of Culture, Sports and Tourism, made the announcement on the same day. Choi also said, "(President Lee) has basically decided to sell all assets except for those that are not necessary to sell.
He added that the government will refrain from selling the shares, but if a sale is unavoidable, he has instructed that prior approval from the prime minister be obtained. The reason why President Lee issued the emergency order has not yet been announced.
The Ministry of Planning and Finance, which oversees national property policy, is scheduled to hold a press conference at 10 a.m. on the 4th to explain the background to this emergency order.
In this regard, the Korea Asset Management Corporation (Kamco)
Some analysts believe that the directive was issued because the asset sale process had become a topic of controversy.
Representative Kim Seung Woo-won and others pointed out that "the number of cases where the actual selling price of an asset is lower than the appraised price is increasing every year."
A government official said, "It is possible that similar bad sales have occurred not only at Camco but also at other government ministries and local governments, so we will be examining the current situation.
"I understand that this order was issued to prevent the hasty disposal of assets until appropriate measures are in place." Meanwhile, the president's instructions and policies are mainly made public through the presidential office.
The relevant ministry will convey the instructions depending on the case. In an unusual move, the Minister of Culture, Sports and Science delivered the presidential instructions as government spokesperson.