[Public Officials' Assets] Hong Nam-gi, Deputy Prime Minister for Economy, Owns Apartments Worth 1.0671 Billion KRW in Gyeonggi and Sejong

[Image source=Yonhap News]

[Sejong=Asia Economy Reporter Kim Hyunjung] Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, reported assets totaling 1,067,100,000 KRW. Deputy Prime Minister Hong is currently a multi-homeowner, owning an apartment and an apartment pre-sale right in Uiwang-si, Gyeonggi-do, and Naseong-dong, Sejong City, respectively.

According to the 2020 regular asset changes disclosed in the official gazette on the 26th by the Government Public Officials Ethics Committee, Deputy Prime Minister Hong's assets increased by 72,760,000 KRW from the previous year (994,340,000 KRW) to 1,067,100,000 KRW.

Deputy Prime Minister Hong currently owns multiple homes, including an apartment in Naeson-dong, Uiwang-si, Gyeonggi-do (613,700,000 KRW) and a pre-sale right for a residential-commercial complex apartment in Naseong-dong, Sejong City (84㎡, with two interim payments totaling 161,240,000 KRW). Additionally, including a lease deposit of 630,000,000 KRW for an apartment (84㎡) in Yeomni-dong, Mapo-gu, Seoul, under his spouse's name, and a lease deposit of 14,810,000 KRW for his mother's apartment, the total property related to buildings amounts to approximately 1,419,760,000 KRW.

His assets also include land owned by himself in Chuncheon-si, Gangwon-do, measuring 7,507㎡ (23,190,000 KRW), land owned by his spouse in Buyeo-gun, Chungcheongnam-do, measuring 348.1㎡ (14,270,000 KRW), and land owned by his mother in Chuncheon-si, Gangwon-do, measuring 11,260㎡ (34,790,000 KRW), totaling 72,260,000 KRW based on current value.

In addition, he reported ownership of a 2009 model Grandeur (7,500,000 KRW), deposits totaling 222,060,000 KRW held by himself, his spouse, mother, eldest son, and second son, and unlisted stocks (3 shares of ReviewShare) worth 3,000 KRW held by his eldest son.

His debts include 3,860,000 KRW in financial institution loans under his name, a rental deposit of 570,000,000 KRW for the apartment in Naeson-dong, Uiwang-si, and 80,620,000 KRW in financial institution loans under his spouse's name to cover lease deposits, totaling 654,480,000 KRW.

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