[2024 Asset Disclosure] Kim Young-ho, Minister of Unification, 2.6 Billion KRW... Kang In-seon, 2nd Vice Foreign Minister, 5.9 Billion KRW

Public Officials' Asset Disclosure in 2024

Minister of Unification Kim Young-ho Photo by Yonhap News

Kim Young-ho, Minister of Unification, reported assets worth approximately 2.63 billion KRW, including the Eunma Apartment in Gangnam-gu, Seoul. Kang In-seon, 2nd Vice Minister of Foreign Affairs, declared assets worth 5.89 billion KRW, including the Apgujeong Hyundai Apartment, while Shin Won-sik, Minister of National Defense, reported assets totaling 1.68 billion KRW.

According to the '2024 Regular Asset Changes of Public Officials' published in the official gazette by the Government Ethics Committee on the 28th, Minister Kim's assets were reported as 2.63 billion KRW, an increase of 55.89 million KRW compared to the previous year.

Real estate assets included the Eunma Apartment in Gangnam-gu under his name (1.286 billion KRW), a leasehold right for an officetel in Songpa-gu (5 million KRW), and a leasehold right for an officetel in Dongdaemun-gu under his eldest son's name (20 million KRW), totaling 1.311 billion KRW.

Deposits reported totaled 1.371 billion KRW, including 223.14 million KRW under his name, 858.24 million KRW under his spouse's, and 225.73 million KRW under his eldest son's.

Additionally, he held listed stocks worth 4.1 million KRW and virtual assets worth 249,000 KRW.

Moon Seung-hyun, Vice Minister of Unification, reported assets of 4.55 billion KRW, a decrease of 323.53 million KRW from the previous year.

He owned real estate worth 2.855 billion KRW, including a leasehold apartment in Jung-gu, Seoul (1 billion KRW) under his name and an apartment in Yeongdeungpo-gu, Seoul (1.855 billion KRW) under his spouse's name.

Deposits amounted to 1.863 billion KRW, nearly 1 billion KRW less than the previous year. Vice Minister Moon, who was appointed from Ambassador to Thailand to Vice Minister of Unification in June last year, explained that the reduction was due to expenses for moving and vehicle purchases after returning to Korea. His eldest son was excluded this year due to independent living.

Also, Kang Jong-seok, Director of the Human Rights and Humanitarian Affairs Office at the Ministry of Unification, held real estate assets totaling 3.418 billion KRW, including two apartments in Gangnam-gu, Seoul, under his spouse's name and three commercial properties in Suji-gu, Yongin-si. His total assets, including deposits, securities, and debts, amounted to 3.105 billion KRW.

Shin Won-sik, Minister of National Defense, held assets worth 1.678 billion KRW, an increase of about 100 million KRW from the previous year.

Real estate assets amounted to 1.831 billion KRW, including an apartment in Seongdong-gu, Seoul, purchased jointly with his spouse and a row house in Yongsan-gu, Seoul, inherited by his spouse. Additionally, deposits totaled 213.23 million KRW, and financial and private debts amounted to 466.09 million KRW.

Kang In-seon, Deputy Minister of Foreign Affairs Photo by Yonhap News

At the Ministry of Foreign Affairs, Kang In-seon, 2nd Vice Minister who took office in January, reported assets worth 5.89 billion KRW, including the Apgujeong Hyundai Apartment.

Vice Minister Kang owned real estate assets totaling 4.661 billion KRW, including an apartment in Bangbae-dong, Seocho-gu, Seoul, under his name (1.517 billion KRW) and an apartment in Apgujeong-dong, Gangnam-gu, Seoul, under his spouse's name (3.061 billion KRW).

He also declared land worth 1.139 billion KRW, including a site in Jongno-gu, Seoul, and rice paddies and fields in Dong and Seo districts of Daejeon.

Deposits amounted to 888.66 million KRW, debts were 1.017 billion KRW, and he also held health and golf club memberships worth 125 million KRW. His assets decreased by about 473.75 million KRW compared to last year, likely due to a decline in land and building prices.

Cho Tae-yeol, Minister of Foreign Affairs, who took office in January and was excluded from this asset disclosure, had previously reported assets totaling 2.592 billion KRW under his name, his spouse's, and his mother's in personnel hearing documents submitted to the National Assembly in December last year.

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