Sung Yun-mo, Minister of Trade, Industry and Energy. (File photo)

Sung Yun-mo, Minister of Trade, Industry and Energy. (File photo)

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[Sejong=Asia Economy Reporter Joo Sang-don] Sung Yoon-mo, Minister of Trade, Industry and Energy, reported assets worth approximately 1.8 billion KRW. Vice Minister Park Jin-gyu became a single homeowner after selling his apartment in Sejong.


According to the "2021 Regular Asset Changes of Senior Public Officials" disclosed by the Government Ethics Committee through the official gazette on the 25th, Minister Sung reported assets worth 1,796,820,000 KRW. This is an increase of 250,260,000 KRW compared to last year (1,546,570,000 KRW).


Minister Sung owns one apartment (125.01㎡) in Byeollyang-dong, Gwacheon-si, Gyeonggi-do, jointly with his spouse. The current value is 1,010,000,000 KRW, which rose by 137,000,000 KRW due to an increase in the publicly announced price. In addition, he holds a jeonse lease right worth 750,000,000 KRW for an apartment (114.93㎡) in Muak-dong, Jongno-gu, Seoul, under his spouse's name. His deposits increased by 39,830,000 KRW from 504,570,000 KRW to 544,400,000 KRW due to cash gifts from his father and deposit increases.


Park Jin-gyu, Vice Minister of the Ministry of Trade, Industry and Energy, reported assets worth 1,718,730,000 KRW. He sold his apartment (110.59㎡) in Eojin-dong, Sejong City last year and now owns only one apartment (124.10㎡) in Byeollyang-dong, Gwacheon-si, Gyeonggi-do, jointly with his spouse. Earlier, Park’s spouse sold two office-tels (37.49㎡ and 30.98㎡) used for business in Yeoksam-dong, Gangnam-gu, Seoul, at the beginning of last year.


Due to the death of his father, he and his siblings jointly inherited a family burial ground (1,920㎡) in Naesan-myeon, Buyeo-gun, Chungnam, increasing his assets by 10,340,000 KRW. Following the sale of the apartment and office-tels, his deposits also increased from 91,240,000 KRW to 442,900,000 KRW.



Yoo Myung-hee, Director-General for Trade Negotiations at the Ministry of Trade, Industry and Energy, reported total assets of 1,853,530,000 KRW, including an apartment (98.87㎡) in Jamwon-dong, Seocho-gu, Seoul, under her spouse’s name valued at 1,407,840,000 KRW, and deposits of 417,350,000 KRW.


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

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