[Public Officials' Assets] Kim Yong-beom, Deputy Minister of Economy and Finance, 2.074 Billion KRW... Reduced by 258 Million KRW After Excessive Reporting Correction

[Asia Economy Reporter Joo Sang-don] Kim Yong-beom, the 1st Vice Minister of the Ministry of Economy and Finance, reported assets worth 2,074 million KRW.

According to the 2020 regular asset change report disclosed by the Government Ethics Committee for Public Officials on the 26th, as of the end of last year, the total assets held by Vice Minister Kim and his family amounted to 274.07 million KRW, a decrease of 257.88 million KRW.

The reason for the decrease in assets is due to a correction of previously over-reported amounts based on official land prices. Vice Minister Kim initially reported the value of a 145.2㎡ apartment jointly owned with his spouse in Seocho-gu, Seoul, as 1,211.79 million KRW, but this was revised to 936 million KRW this time.

Gu Yoon-cheol, the 2nd Vice Minister of the Ministry of Economy and Finance, reported assets worth 3,913.96 million KRW, an increase of 471.44 million KRW. Vice Minister Gu's assets include a leasehold right on a complex building worth 850 million KRW in Mapo-gu, Seoul, under his name, a building worth 846 million KRW in Bundang-gu, Gyeonggi Province, under his spouse's name, and an apartment worth 1,296 million KRW in Gaepo-dong, Seoul. These increased by 441 million KRW over the year, totaling 2,992 million KRW.

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