KBS President Candidate Kim Ui-cheol Apologizes for Allegations of Falsified Residence and Tax Evasion

[Asia Economy Reporter Oh Ju-yeon] Kim Ui-cheol, the nominee for president of the Korean Broadcasting System (KBS), apologized for allegations of false address registration and tax evasion.

[Image source=Yonhap News]

On the 22nd, during the confirmation hearing at the National Assembly's Science, Technology, Information and Broadcasting and Communications Committee, Kim said, in response to People Power Party lawmaker Jeong Hee-yong's accusation that he had "falsely registered an address in 1993," "I feel sorry."

According to materials submitted by KBS to People Power Party lawmaker Heo Eun-ah, Kim resided in Namdong-gu, Incheon in 1993 but falsely registered his address at his sister's house in Yangcheon-gu, Seoul.

The following year, Kim was allocated an apartment in Daerim-dong, Yeongdeungpo-gu, Seoul. He lived in this apartment for eight years before selling it in 2004 and purchasing an apartment in Sinjeong-dong, Yangcheon-gu. It is known that during this process, a down payment contract was made. The actual sale price was 400 million won, but the purchase price was reported as 139 million won, resulting in 14 million won less paid in acquisition and registration taxes.

Regarding this, Kim explained, "I did not intentionally underreport," adding, "I only saw this fact during the preparation process for the hearing." He further stated, "I will take this as an opportunity for reflection."

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