[Photo] Lee Chang-yong, Candidate for BOK Governor, Holds Confirmation Hearing

Lee Chang-yong, nominee for Governor of the Bank of Korea, is attending the confirmation hearing held at the National Assembly on the 19th and taking the witness oath. Photo by Yoon Dong-joo doso7@

Lee Chang-yong, nominee for Governor of the Bank of Korea, is adjusting his glasses while attending the confirmation hearing held at the National Assembly on the 19th. Photo by Yoon Dong-joo doso7@

Lee Chang-yong, nominee for Governor of the Bank of Korea, attended the confirmation hearing held at the National Assembly on the 19th and is drinking water as if feeling thirsty during the hearing. Photo by Yoon Dong-joo doso7@

Lee Chang-yong, the nominee for Governor of the Bank of Korea, attended the confirmation hearing held at the National Assembly on the 19th and received a report from a Bank of Korea official during the hearing. Photo by Yoon Dong-joo doso7@

Lee Chang-yong, nominee for Governor of the Bank of Korea, is attending the confirmation hearing held at the National Assembly on the 19th, responding to questions from lawmakers. Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Yoon Dong-joo] Lee Chang-yong, the nominee for Governor of the Bank of Korea, is attending a confirmation hearing held at the National Assembly on the 19th. During this hearing, inquiries regarding the process of asset formation as well as questions related to monetary policy are expected to continue.

Meanwhile, Lee acknowledged that he had prepared a so-called "down contract" with a false price when he traded a house in Jung-gu, Seoul, 20 years ago, explaining that "it was a common practice at the time," which has sparked controversy.

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