Nominee for Chief Justice Lee Gyun-yong Reports 7.2 Billion KRW in Real Estate and Unlisted Stocks

Candidate for Chief Justice of the Supreme Court Lee Gyunyong (61, Judicial Research and Training Institute class 16) reported a total of 7,231,580,000 KRW in assets for himself, his spouse, and two children. According to the personnel hearing materials submitted to the National Assembly on the 30th, Lee reported a jointly owned apartment in UN Village, Hannam-dong, Yongsan-gu, Seoul (110.65㎡, 1.15 billion KRW), and half of a commercial building in Yangjae-dong, Seocho-gu, under his spouse's name (2.09198 billion KRW), among other assets.

On the morning of the 29th, Lee Gyun-yong, the nominee for Chief Justice of the Supreme Court, is lost in thought while waiting for the elevator to go to the office preparing for the confirmation hearing located in Seocho-gu, Seoul. Photo by Heo Young-han younghan@

He also reported land assets including 11,806㎡ of land in Uji, Naenam-myeon, Gyeongju-si, Gyeongbuk owned by himself, and 14,143.37㎡ of land including forest land in Myeongjang-dong, Dongnae-gu, Busan, Mandeok-dong, Buk-gu, Sasang-gu Jurye-dong, and a factory site in Deokpo-dong, Sasang-gu, owned by his wife. The candidate's family, including the couple and their two children, each held unlisted shares worth 247,317,000 KRW in Oksan and Daeseong Automobile Academies. These unlisted shares were acquired around 2000 and are owned by the wife's family company, but were omitted from asset registration reports over the past three years. Lee explained, "I was unaware that the evaluation method for unlisted shares under the Public Officials Ethics Act Enforcement Decree changed in 2020, about 20 years after acquisition, and that these shares became subject to asset registration under the law."

The total family deposits amounted to 2,381,042,000 KRW. He also reported one 2009 Grandeur TG passenger car under his name, a resort membership (17,844,000 KRW), and jewelry such as sapphire and emerald under his spouse's name (11 million KRW). Regarding the exclusion of his mother, who passed away on the 19th, from the asset registration, Lee stated in a separate fact confirmation letter, "Procedures related to the family relationship register following the death report and inheritance of deposits owned by my mother during her lifetime are still pending," and pledged to report the inherited assets later. There was no record of tax delinquency in the past five years. Lee was discharged as a navy lieutenant. His eldest son was discharged as an air force sergeant.

Earlier, President Yoon nominated Lee as the successor to Chief Justice Kim Myeong-su, whose term ends on the 24th of next month, on the 22nd. The National Assembly will form a special personnel hearing committee and conduct a hearing for the candidate next month. The Chief Justice of the Supreme Court is appointed by the President after nomination, followed by a National Assembly hearing and consent, with a term of six years.

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