Owning One House Each in Sweden and Korea... Vice Minister Park Jun-young Resolves Two-House Ownership
Many Heads of Affiliated Agencies Are Multiple Homeowners... Suhyup Chairman Holds the Most with 6.4 Billion Won

Moon Sung-hyuk, Minister of Oceans and Fisheries. (Photo by Yonhap News)

Moon Sung-hyuk, Minister of Oceans and Fisheries. (Photo by Yonhap News)

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[Sejong=Asia Economy Reporter Moon Chaeseok] Moon Seong-hyeok, Minister of Oceans and Fisheries, reported assets worth 761.26 million KRW as of the end of last year. This is a decrease of 158.17 million KRW compared to the previous year.


On the 25th, the Government Ethics Committee for Public Officials disclosed the asset change reports of public officials as of the end of last year in the official gazette.


Minister Moon jointly owns an apartment worth 780 million KRW in Suyeong-gu, Busan Metropolitan City with his spouse. Before his appointment as minister, he also owned a house worth 447.09 million KRW in Malm?, Sweden, where the World Maritime University is located, jointly with his spouse. He reported owning 124㎡ of forest land worth 200,000 KRW in Buk-gu, Gwangju Metropolitan City under his spouse's name.


Minister Moon holds 236.10 million KRW in deposits together with his spouse and has debts totaling about 708 million KRW from financial institutions and personal transactions. Additionally, he reported a foreign artist's painting purchased in 2018 valued at 6.67 million KRW.


Vice Minister Park Jun-young reported assets totaling 184.18 million KRW, an increase of 163.67 million KRW from the previous year. He owns an apartment worth 363 million KRW in Goyang, Gyeonggi Province with his spouse. He sold another apartment worth 250 million KRW in Goyang last year, resolving his multi-home ownership status. He also reported deposits worth 159.58 million KRW and securities worth 58.42 million KRW.


Han Ki-jun, Director of the Planning and Coordination Office, owns a total of 1.04 billion KRW in assets, including one apartment in Sejong City. Eom Ki-du, Director of Fisheries Policy Office, reported assets totaling 1.05576 billion KRW, including a detached house in Seongbuk-gu, Seoul, and a multi-family house in Jongno-gu under his mother's name.


Lim Juntak, President of the National Federation of Fisheries Cooperatives. (Photo by Yonhap News)

Lim Juntak, President of the National Federation of Fisheries Cooperatives. (Photo by Yonhap News)

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Most heads of subordinate agencies under the Ministry of Oceans and Fisheries own two or more houses and assets exceeding 1 billion KRW. Among them, Lim Jun-taek, Chairman of the National Federation of Fisheries Cooperatives, reported 6.4 billion KRW, the highest assets among heads of subordinate agencies under the ministry.


Chairman Lim owns a detached house worth 5.2 billion KRW in Seo-gu, Busan. He also owns three mixed-use residential and commercial buildings worth a total of 6.5 billion KRW in Saha-gu and Seo-gu. The official land price of these properties amounts to 7.47047 billion KRW. Additionally, he reported owning land worth 7.4 billion KRW in Seo-gu and Saha-gu, Busan. He is recorded as the public official with the largest land assets.


He holds securities worth about 3.5 billion KRW. Three golf club memberships and one condo membership owned by him and his spouse are valued at 400 million KRW in total.


Chairman Lim has debts totaling 13.86393 billion KRW, including about 13.25 billion KRW borrowed for repayment of personal business loans from the National Federation of Fisheries Cooperatives Bank and others. Reflecting this, his total assets increased by about 3.9 billion KRW from last year to 6.49 billion KRW.


Jung Kyung-deuk, Audit Committee Chairman of the National Federation of Fisheries Cooperatives, owns an apartment worth 1.8 billion KRW in Daechi-dong, Gangnam-gu, Seoul, and two multi-family houses in Seongnam and Pyeongtaek. He owns buildings worth about 4 billion KRW, including three officetels in Hwaseong, Gyeonggi Province, two neighborhood living facilities in Seongnam and Suwon, and one neighborhood living facility in Yeoksam-dong, Gangnam-gu, Seoul.


He owns land worth about 800 million KRW in Sancheong and Uiseong counties in Gyeongnam, Gijang County in Busan, Wonju in Gangwon Province, Yeonggwang in Jeonnam, and Pyeongtaek in Gyeonggi Province. He also reported assets totaling 4.77873 billion KRW, including four golf memberships and two health club memberships owned jointly with his spouse.


Ko Sang-hwan, President of Ulsan Port Authority under the Ministry of Oceans and Fisheries, owns one apartment each in Mapo-gu, Seoul, and Haeundae-gu, Busan under his spouse's name, and owns a mixed-use residential and commercial building in the Gijang County area under his eldest son's name. He reportedly owns land worth 384.68 million KRW in the Gijang County area. He reported assets totaling 3.05546 billion KRW, including golf club memberships at two golf courses and a condo membership valued at 435 million KRW.


Kim Woong-seo, President of the Korea Institute of Ocean Science and Technology, owns two apartments worth a total of 894 million KRW in Seongnam and Yongin, Gyeonggi Province, under his and his mother's names, and owns land worth 285.69 million KRW in Yongin under his spouse's name. Including deposits of about 1.69 billion KRW, his total reported assets amount to 2.65 billion KRW.


Shin Hyun-seok, Director of the Korea Fisheries Resources Agency, owns two apartments in Gwacheon, Gyeonggi Province, and Daechi-dong, Gangnam-gu, Seoul. The total appraisal value of the two apartments is 2.486 billion KRW. Director Shin reported assets totaling 2.82413 billion KRW, including stocks worth about 700 million KRW owned with his spouse and children.


Nam Ki-chan, President of Busan Port Authority, owns one detached house each in Miryang, Gyeongnam, and Seo-gu, Busan, and one apartment in Andong, Gyeongbuk, under his mother's name, owning a total of three houses worth about 749 million KRW. His reported assets amount to 1.31245 billion KRW.


Lee Dong-jae, President of the Korea Maritime and Fisheries Research Institute, owns one apartment each in Bundang-gu, Seongnam, Gyeonggi Province, and Sejong City. The appraisal value of the two apartments is 936 million KRW. Excluding debts, he owns assets worth about 722.45 million KRW.


Park Seung-gi, Director of the Korea Marine Environment Management Corporation, owns an apartment worth 561 million KRW in Gwangmyeong, Gyeonggi Province, and reported owning land worth about 20 million KRW in Beolgyo-eup, Boseong County, Jeonnam, with total assets amounting to 1.54282 billion KRW.


Lee Yeon-seung, former Director of the Korea Maritime Safety Authority who retired last month, owned one apartment each in Dongnae-gu, Busan, and Sejong City, and stocks worth about 1.7 billion KRW, reporting total assets of 2.6914 billion KRW.


Choi Jun-wook, President of Incheon Port Authority, owns one apartment each in Seongnam, Gyeonggi Province, and Sejong City, with total assets amounting to 1.06166 billion KRW.


Hwang Seon-do, Director of the National Marine Biodiversity Institute, reported 1.05616 billion KRW; Cha Min-sik, President of Yeosu Gwangyang Port Authority, reported 1.3638 billion KRW; Hwang Ho-seon, President of the Korea Ocean Business Corporation, reported 1.09296 billion KRW.



Choi Wan-hyun, Director of the National Fisheries Research and Development Institute, reported assets of 338.51 million KRW, the smallest amount among heads of subordinate agencies under the Ministry of Oceans and Fisheries.


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

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