[Public Official Asset Disclosure] Minister Jeon Hae-cheol's Assets Total 3.96875 Billion KRW

[Image source=Yonhap News]

[Asia Economy Reporter Lim Cheol-young] The assets of Minister of the Interior Jeon Hae-cheol, his spouse, and children amounted to 3,968.75 million KRW last year, an increase of about 76 million KRW compared to the previous year.

According to the regular asset change report of asset disclosure subjects released through the official gazette on the 25th, the total assets of Minister Jeon and his family, reflecting value changes, increased from 3,904.75 million KRW in 2019 to 3,968.759 million KRW last year. Excluding value changes, the net increase was about 68 million KRW.

Minister Jeon's financial assets such as deposits and insurance decreased from 2,287.288 million KRW to 2,219.272 million KRW, while bonds increased from 70 million KRW to 168.45 million KRW. Private bonds increased by 90 million KRW under the name of Jeonse deposit loans.

The total family debt rose from 248.362 million KRW to 2,575.65 million KRW, and deposits, insurance, and other assets of the spouse and two children all decreased.

While Minister Jeon does not own real estate in his name, the land assets under his spouse's name increased by 3.27 million KRW from 174.694 million KRW to 177.964 million KRW.

The price of the apartment in Ansan-si, Gyeonggi-do, under the spouse's name remained the same at 590 million KRW, and the eldest son's multi-family housing Jeonse deposit increased by 160 million KRW, raising the building-related assets from 894 million KRW to 1,054 million KRW.

The Anti-Corruption and Civil Rights Commission disclosed the regular asset change reports of 1,885 asset disclosure subjects, including Minister Jeon, through the official gazette on the same day. The asset disclosure details can be checked on the Republic of Korea Electronic Official Gazette website.

This year, the average declared assets of asset disclosure subjects under the jurisdiction of the Anti-Corruption and Civil Rights Commission were calculated at 1,412.97 million KRW, an increase of 131.12 million KRW compared to the previous period.

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