[Public Official Assets] Jo Seong-wook, Fair Trade Commission Chairman, 2.97249 Billion KRW... Up 52.76 Million KRW from Previous Year

Seoul Dongdaemun-gu Jeonnong-dong Apartment Pre-sale Rights Increase by Over 203 Million Won Due to Intermediate Payment

Photo by Yonhap News

[Asia Economy Reporter Moon Chaeseok] Cho Seong-wook, Chairman of the Fair Trade Commission, reported assets totaling 2,972,490,000 KRW.

According to the '2020 Regular Asset Change Report' published in the official gazette on the 26th by the National Assembly Public Officials Ethics Committee, Chairman Cho's assets increased by 52,760,000 KRW from the previous year's 2,919,730,000 KRW to 2,972,490,000 KRW.

Chairman Cho's real estate assets increased while his deposit assets decreased.

The pre-sale rights for an apartment owned by him in Jeonnong-dong, Dongdaemun-gu, Seoul, recorded 406,000,000 KRW after a mid-payment of 203,000,000 KRW. The total building assets amount to 1,048,730,000 KRW.

On the other hand, deposit assets decreased by 170,660,000 KRW from the previous year's 2,071,790,000 KRW to 1,911,300,000 KRW.

He is currently using a 2012 Genesis worth 18,090,000 KRW. The 1999 All-New Avante was scrapped.

Additionally, he holds 909 shares of Korea Asset Valuation Corporation valued at 4,545,000 KRW. As these are unlisted stocks, there was no change in value.

Meanwhile, Ji Cheol-ho, Vice Chairman of the Fair Trade Commission, reported assets totaling 3,158,250,000 KRW, an increase of 136,220,000 KRW from the previous year's 3,016,630,000 KRW.

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