[Public Official Asset Disclosure] Seo Jeong-hyeop, Acting Mayor of Seoul, Assets 6.16349 Billion KRW... Up 440 Million KRW

[Image source=Yonhap News]

[Asia Economy Reporter Lim Cheol-young] Seo Jeong-cheop, Acting Mayor of Seoul, reported assets totaling 6,163,495,000 KRW, an increase of more than 440 million KRW over the past year. The combined value of properties owned by him, his spouse, and children saw the actual transaction prices of apartments held by him and his spouse rise by more than 300 million KRW.

According to the regular asset change report for asset disclosure subjects released through the official gazette on the 25th, Acting Mayor Seo reported 341,721,000 KRW for forest land in Ulsan Metropolitan City registered under his and his eldest son's names, an increase of 9,085,000 KRW compared to the previous year.

For apartments in Apgujeong-dong, Gangnam-gu, Seoul, and officetels in Bundang-gu, Seongnam-si, Gyeonggi-do, registered under his and his spouse's names, he reported 3,111,470,000 KRW more, totaling 3,625,166,000 KRW.

Additionally, financial assets such as deposits increased by more than 140 million KRW, totaling 1,292,990,000 KRW. His deposits and insurance increased to about 272,000,000 KRW, and deposits under his spouse's name rose to about 821,000,000 KRW.

Corporate bonds, including conditional capital securities of Woori Bank held by him and his family, decreased by more than 20 million KRW over the year, totaling about 1,131,000,000 KRW. Debts remained unchanged, and the parents refused to disclose their asset status.

The Government Ethics Committee disclosed the regular asset change reports of 1,885 asset disclosure subjects, including Acting Mayor Seo, 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 subjects under the jurisdiction of the Government Ethics Committee were calculated at 1,412,970,000 KRW, an increase of 131,120,000 KRW compared to the previous period.

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