[Public Officials' Asset Disclosure] Ministry of Land, Infrastructure and Transport's 'Top Asset Holder' Choi Kiju, Daekwang Committee Chairman... 7.8 Billion KRW

Public Officials' Asset Disclosure... A Look into the Ministry of Land, Infrastructure and Transport's Affiliated Agencies

[Image source=Yonhap News]

[Asia Economy Reporter Moon Jiwon] Among senior public officials of the Ministry of Land, Infrastructure and Transport and its affiliated organizations, the person with the highest reported assets is Choi Giju, Chairman of the Metropolitan Area Wide-area Transportation Committee of the Ministry of Land, Infrastructure and Transport, who declared assets worth 7.8237 billion KRW. Chairman Choi's assets increased by about 430 million KRW over the past year.

According to the public official asset disclosure data released on the 25th, Chairman Choi reported a total of 7.8237 billion KRW in land, buildings, deposits, and other assets. Last year, he ranked second in assets among public officials of the Ministry of Land, Infrastructure and Transport and its affiliated organizations, following Kim Sanggyun, Chairman of the Korea Railroad Corporation. However, with Kim's term ending last month, Chairman Choi rose to first place this year.

Chairman Choi owns one apartment under his name in Sincheon-dong, Songpa-gu, Seoul, measuring 144.77㎡. The official price of this apartment is 1.548 billion KRW, which increased by 300 million KRW in one year. He sold the apartment (99.57㎡) in Paldal-gu, Suwon-si, Gyeonggi-do, which he held until last year, and became a single-homeowner except for an apartment under his mother's name.

In addition, he reported deposits of 5.73463 billion KRW, securities worth 166 million KRW, and golf membership fees of 117 million KRW.

Park Youngsoo, President of the Korea Land and Safety Management Institute, reported a total of four buildings including two commercial buildings, an apartment, and an officetel under his and his spouse's names. He owns one commercial building (35.70㎡) in Dongan-gu, Anyang-si, Gyeonggi-do, and one officetel (29.47㎡) in Dodam-dong, Sejong under his name. Under his spouse's name, he reported an apartment (98.05㎡) in Doremaeul, Dodam-dong, Sejong, and a commercial building (48.22㎡) in Naseong-dong, Sejong.

In addition, Kwon Taemyung, President of SR, reported two detached houses in Dongnae-gu, Busan, and Andong, Gyeongbuk. The value of the owned buildings is 267.35 million KRW.

Jung Wangguk, Vice President of Korea Railroad Corporation, is also a multi-homeowner with one apartment each in Dunchon-dong, Seo-gu, Daejeon, and Garak Village, Sejong City. The official price of the apartment (84.94㎡) in Dunsan-dong, Seo-gu, Daejeon, held under his name, increased by 32 million KRW from 225 million KRW.

Heo Kyunggu, President of Korea Overseas Infrastructure & Urban Development Corporation, owns one apartment (173.52㎡) in Sangil-dong, Gangdong-gu, Seoul, jointly with his spouse, and also owns a mixed-use residential complex (36.07㎡) in Myeongil-dong, Gangdong-gu under his spouse's name, and a multi-family house (46.71㎡) in Myeongil-dong, Gangdong-gu under his eldest son's name.

Heads of institutions owning apartments in major Seoul areas such as Gangnam and Yongsan also stood out.

Son Byungseok, President of Korea Railroad Corporation, co-owns an apartment in Ssangyong 2nd Complex, Daechi-dong, Gangnam-gu, Seoul (120.76㎡) with his spouse. Kim Jinsuk, President of Korea Expressway Corporation, also owns an LG Hangang Xi apartment (134.82㎡) in Ichon-dong, Yongsan-gu, Seoul, together with his spouse.

President Kim reported assets worth 2.15952 billion KRW, an increase of 509.43 million KRW compared to the previous year. The official price of the owned apartment increased by 251 million KRW, and deposits increased by 189.23 million KRW.

President Son reported total assets of 2.53957 billion KRW, an increase of 7.7 million KRW over one year.

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