[Public Officials' Asset Disclosure] Current Lawmakers in Transition Committee Hold Average Assets of 3.4 Billion KRW

Rep. Kwon Young-se's Spouse's 'Harp' Draws Attention
Rep. Choo Kyung-ho's Spouse's 'Brazilian Government Bonds' Also Noted as Unique Assets

President-elect Yoon Suk-yeol holds a plaque ceremony with Ahn Cheol-soo, the chairman of the transition committee, Kwon Young-se, the vice chairman, and other attendees at the transition committee office set up at the Financial Supervisory Service Training Institute in Jongno-gu, Seoul on the 18th. Photo by Yoon Dong-ju doso7@

[Asia Economy Reporter Geum Bo-ryeong] The average assets of seven incumbent National Assembly members who have been appointed to key positions in the 20th Presidential Transition Committee amounted to approximately 3.354 billion KRW.

According to the regular asset change report disclosed on the 31st by the National Assembly Public Officials Ethics Committee, Kwon Young-se, a member of the People Power Party and vice chairman of the transition committee, reported assets worth about 4.41551 billion KRW, an increase of 104.46 million KRW compared to last year.

Notably, among Kwon’s reported assets are three harps. The harps, owned by Kwon’s spouse who is known as a musician, were valued at 40 million KRW, 20 million KRW, and 10 million KRW respectively. Kwon’s spouse also owned a painting worth approximately 30 million KRW.

Among the six incumbent National Assembly members serving as transition committee members, the individual with the largest reported assets was Park Sung-joong of the People Power Party, who declared 8.4443 billion KRW.

Following him were party colleagues Chu Kyung-ho with 4.09438 billion KRW, Yoo Sang-beom with 3.1178 billion KRW, Lee Yong-ho with 1.53841 billion KRW, Lim Eui-ja with 829.82 million KRW, and Lee Tae-gyu of the People’s Party with 1.03773 billion KRW.

In Chu’s case, his spouse reported ownership of 272,000 shares of Brazilian government bonds worth approximately 57.88 million KRW, drawing attention. Lim owned 130 grams of 24K gold valued at 9.81 million KRW.

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