SEOUL (AP) -- South Korea announced Monday it will seize more assets gained by Koreans who allegedly collaborated with the Japanese during colonial rule, more than 60 years after the end of the peninsula's occupation.

South Korea will confiscate $27 million worth of land from the descendants of 10 people who allegedly collaborated with Japan during its 1910-45 colonial rule, a presidential commission said.
It will be the second seizure of collaborators' assets since 2005, when a special law went into effect. In May, Seoul moved against nine alleged collaborators.
The plan has ""historic significance as it gives a lesson to future generations about the consequences of anti-nationalistic acts"" said Jang Wan-ick, a member of the presidential commission on pro-Japanese collaborators' property.
Among the 10 alleged collaborators named for the latest seizures was the late Min Byung-seok, who as a cabinet minister played a key role in signing a 1910 treaty with Japan that placed the Korean peninsula under colonial rule.
The property owners can file a lawsuit to contest the government's decision, the commission said.
Jang also said the commission will continue to investigate property belonging to the descendants of about 430 alleged collaborators as part of South Korea's efforts to revisit its past history.
In 1948, the South Korean government established a task force to investigate pro-Japanese collaborators but the probes stalled the following year due to opposition from founding President Rhee Syng-man.