Seoul City Council Member Lee Byung-yoon's Assets Are 3 Billion Won, Not 13 Billion! ...Absurd Explanation of Data Entry Error

Councilor Lee Byung-yoon on the 30th explained, "The area of 112-29 Yongdu-dong is 231.8㎡, with an individual official price of 4,966,000 KRW/㎡, totaling 1,151,119,000 KRW. The amount of 11,511,190,000 KRW was mistakenly entered as 11,511,190,000 KRW by incorrectly adding a '0' at the 1,000 KRW unit in the computer system."

[Asia Economy Reporter Park Jong-il] Lee Byung-yoon, a three-term Dongdaemun District council member who was elected as a Seoul Metropolitan Council member in the 8th local election (People Power Party, Dongdaemun), has drawn attention after it was revealed that he disclosed assets 10 billion KRW more than his actual wealth due to a ridiculous data entry error.

K Newspaper reported the article titled "Lee Byung-yoon, Seoul Metropolitan Council Member, Tops with 13 Billion KRW Declaration," but Lee explained that the asset declaration was incorrect due to a data entry mistake.

On the 30th, Lee's side explained, "The property at 112-29 Yongdu-dong, with an area of 231.8㎡ and an individual publicly announced price of 4,966,000 KRW/㎡, has a total asset value of 1,151,119,000 KRW, but during data entry, the amount was mistakenly entered as 11,511,190,000 KRW by adding an extra '0' at the thousand KRW unit."

They also stated, "We plan to go through the asset registration correction procedure and make the necessary amendments."

Meanwhile, Lee serves as the Vice Chair of the Transportation Committee of the Seoul Metropolitan Council.

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