[Asia Economy Reporter Oh Ju-yeon] Park Hong-geun, who was appointed as the new floor leader of the Democratic Party of Korea, reported assets worth 480 million KRW this year, while Kim Seong-hwan, the chairman of the Policy Committee, reported assets worth 1 billion KRW.


Park Hong-geun, floor leader of the Democratic Party of Korea, is attending the party strategy meeting held at the National Assembly on the 29th and delivering opening remarks. Photo by Yoon Dong-joo doso7@

Park Hong-geun, floor leader of the Democratic Party of Korea, is attending the party strategy meeting held at the National Assembly on the 29th and delivering opening remarks. Photo by Yoon Dong-joo doso7@

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According to the regular asset change report list disclosed by the National Assembly Public Officials Ethics Committee on the 31st, Park's assets decreased by 26.99 million KRW from 507.5 million KRW last year to 480.51 million KRW this year.


Park owns an apartment in Jungnang-gu, Seoul, and deposits amounting to 170 million KRW.



Kim Seong-hwan, the chairman of the Policy Committee, reported assets of 1,031.7 million KRW this year, a decrease of about 64.11 million KRW from 1,067.2 million KRW last year. Kim owns land worth approximately 39 million KRW in Samsan-myeon, Yeosu-si, Jeollanam-do, and holds a jeonse (long-term lease) and pre-sale rights for an apartment in Sanggye-dong, Nowon-gu, Seoul, under his spouse's name. His deposits decreased from 333.65 million KRW to 225.15 million KRW.


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