[Public Officials' Assets] Kim Hyun-soo, Minister of Agriculture, Food and Rural Affairs, 1.94 billion KRW... Sold Sejong City Apartment, Retains Gwacheon Pre-sale Rights

Minister of Agriculture, Food and Rural Affairs Kim Hyun-soo appeared at the National Assembly's Agriculture, Food, Rural Affairs, Oceans and Fisheries Committee's audit of the Ministry of Agriculture, Food and Rural Affairs on the 18th, responding to questions from lawmakers. Photo by Yoon Dong-joo doso7@

[Sejong=Asia Economy Reporter Kim Hyun-jung] The assets of Kim Hyun-soo, Minister of Agriculture, Food and Rural Affairs, were reported to be 1.94 billion KRW. Minister Kim, who was a multi-homeowner, disposed of his apartment in Sejong City but retained the pre-sale rights for an apartment in Gwacheon.

According to the 2020 regular asset change report published in the official gazette by the Government Public Officials Ethics Committee on the 26th, Minister Kim's assets were declared at 1.94 billion KRW, an increase of 397.45 million KRW compared to the 1.5462 billion KRW disclosed in November last year.

The biggest change in assets was the disposal of the apartment in Sejong City that he owned. Minister Kim held an apartment in Jungchon-dong, Sejong City (85㎡) valued at 304 million KRW under his name, and pre-sale rights for an apartment in Jungang-dong, Gwacheon, Gyeonggi Province, valued at 885 million KRW. Among these, he sold the Sejong City apartment for 490 million KRW.

This disposal amount and the increase in cash assets gifted by his spouse resulted in a total increase of 503.46 million KRW in overall deposits compared to before. Additionally, the spouse reported land (999㎡ share) in Soheul-eup, Pocheon-si, Gyeonggi Province, gifted from her parents valued at 23.07 million KRW; a jeonse leasehold right for an officetel in Jeongja-dong, Bundang-gu, Seongnam-si, Gyeonggi Province, worth 500 million KRW; Minister Kim's 2016 G80 vehicle (29.27 million KRW); and the spouse's 2009 Golf 2.0 TDI (5.42 million KRW) and 2018 Kona (14.48 million KRW).

Total debts amounted to 524.47 million KRW, a decrease of 182.54 million KRW from the previous year. There is 524.47 million KRW in financial institution debts, and the 180 million KRW jeonse deposit for the Sejong City apartment reported last year was returned through the apartment sale.

The total assets of Lee Jae-wook, Vice Minister of Agriculture, Food and Rural Affairs, were reported at 626.51 million KRW, an increase of 96.04 million KRW compared to before. These include a 590 million KRW jeonse leasehold right for Eunma Apartment in Daechi-dong, Gangnam-gu; a 2019 Grandeur vehicle (36.26 million KRW); deposits of 179.61 million KRW; and LG Chem stocks worth 25.71 million KRW held by his eldest son. Debts total 205.07 million KRW from financial institutions for both himself and his spouse.

This content was produced with the assistance of AI translation services.