The Lowest Recorded Amount is 500 Million KRW by 3-Term Assemblyman Yoo Eui-dong

Jung Jin-seok, Member of the People Power Party <span class="image-source">Photo by Yonhap News</span>

Jung Jin-seok, Member of the People Power Party Photo by Yonhap News

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[Asia Economy Reporter Park Jun-yi] The average assets of senior lawmakers from the main opposition party, the People Power Party, with three or more terms, were found to be around 2.6 billion KRW. Among the senior lawmakers, Jeong Jin-seok, a five-term lawmaker and the longest-serving member of the People Power Party representing Gongju-si, Buyeo-gun, and Cheongyang-gun in Chungnam, had the highest assets.


According to the regular asset change declaration list disclosed by the Government Officials Ethics Committee on the 24th, the average assets declared by 24 senior lawmakers of the People Power Party with three or more terms amounted to 2,631,250,000 KRW. Among them, the lawmaker who declared the largest amount of assets was Jeong, reporting approximately 7,282,890,000 KRW. On the other hand, the lawmaker with the smallest assets was Yoo Ui-dong, a three-term lawmaker representing Pyeongtaek-eul in Gyeonggi Province, holding assets worth about 569,010,000 KRW.


Currently, Jeong owns two forest lands located in Chungju-si, Chungcheongbuk-do, and one apartment in Apgujeong-dong, Gangnam-gu, Seoul.



The lawmaker whose assets increased the most compared to the previous valuation was Joo Ho-young, a five-term lawmaker and the floor leader, representing Suseong-gap in Daegu. Floor Leader Joo increased his assets by about 872,230,000 KRW by adding the assets of his eldest son, who was previously exempt from disclosure. Following him were three-term lawmaker Lee Heon-seung (Jingu-eul, Busan) with an increase of about 725,660,000 KRW, and four-term lawmaker Park Jin (Gangnam-eul, Seoul) with an increase of about 643,920,000 KRW in assets compared to the previous valuation.


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

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