Decrease Due to Sponsorship Association Deposit Account Closure
Deputy Minister Jeong Jong-cheol Reports 1.1 Billion Won

Deputy Prime Minister for Social Affairs and Minister of Education Yoo Eun-hye is attending the Central Disaster and Safety Countermeasures Headquarters meeting on COVID-19 response held at the Government Seoul Office in Jongno-gu, Seoul, on the morning of the 5th. Photo by Kang Jin-hyung aymsdream@

Deputy Prime Minister for Social Affairs and Minister of Education Yoo Eun-hye is attending the Central Disaster and Safety Countermeasures Headquarters meeting on COVID-19 response held at the Government Seoul Office in Jongno-gu, Seoul, on the morning of the 5th. Photo by Kang Jin-hyung aymsdream@

View original image


[Asia Economy Reporter Han Jinju] Deputy Prime Minister and Minister of Education Yoo Eun-hye's assets amounted to approximately 165.76 million KRW, a decrease of 98.84 million KRW compared to the previous year. She has the smallest assets among the Cabinet members.


According to the 2021 regular asset change report for public officials disclosed by the Government Ethics Committee on the 25th, Deputy Prime Minister Yoo's assets significantly decreased due to the withdrawal of political funds from the closure of the support committee account.


Deputy Prime Minister Yoo owns an apartment in Jungsan-dong, Ilsandong-gu, Goyang-si, Gyeonggi Province, valued at about 200 million KRW under her name. She reported bank deposits of 10.47 million KRW under her name.


Political funds deposits, which are managed separately under the Political Funds Act, decreased from 144.23 million KRW the previous year to zero due to the closure of the support committee account.


Deputy Minister of Education Jeong Jong-cheol's assets increased by 62.93 million KRW from last year to 1.1112 billion KRW. Deputy Minister Jeong owns an apartment in Eojin-dong, Sejong City, valued at approximately 480 million KRW.


Assistant Deputy Minister of Education Lee Sang-won reported assets of 1.03879 billion KRW, an increase of 49.12 million KRW from the previous year. Assistant Deputy Minister Lee owns two commercial buildings in Seohyeon-dong, Bundang-gu, Seongnam-si, Gyeonggi Province. The total value of the two buildings is 234.43 million KRW, an increase of 8.25 million KRW compared to the previous year.



Jeju National University President Song Seok-eon reported the highest assets among senior education officials, totaling 7.63163 billion KRW. His assets increased by 2.62118 billion KRW over one year. The value of his stocks rose, with bank deposits (2.73407 billion KRW) increasing by 1.05679 billion KRW and securities (3.0948 billion KRW) increasing by 1.42216 billion KRW over the year.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing