Senior Secretary Hong Ikpyo Reports 6 Billion Won in Assets Including 10,000 Shares of Unlisted Stock

Owns 10,000 Shares in Yein Architectural Research Institute Under Spouse's Name
Real Estate Holdings Include 1.4 Billion Won Jeonse in Seocho-gu, Seoul and Total 2.9 Billion Won

Hong Ikpyo, Senior Secretary for Political Affairs, reported assets amounting to 6 billion won, including 10,000 shares of unlisted stock under his spouse's name.

On April 24, the Government Public Officials Ethics Committee published this information in an ad hoc asset disclosure report in the official gazette. This asset disclosure covers 92 high-ranking public officials whose status changed—due to promotions or retirements—between January 2 and February 1.

Hong Ikpyo, Senior Secretary for Political Affairs, is holding a briefing on the establishment of the Blue House Emergency Economic Situation Room at the Blue House Press Center on the 25th. 2026.3.25 Photo by Yonhap News

Hong Ikpyo's assets were tallied at 6,078,340,000 won. More than half of these assets consist of 10,000 shares in the unlisted company "Yein Architectural Research Institute" under his spouse's name, valued at 3,322,510,000 won. Yein Architectural Research Institute is a firm specializing in interior design, and Hong has reportedly held these shares since his time as a National Assembly member.

Additionally, Hong and his spouse jointly own an apartment in Seongdong-gu, Seoul, worth 958 million won, and his mother owns an apartment in Hongseong-gun, Chungcheongnam-do, worth 195 million won. He also reported a jeonse (long-term lease) right for an apartment in Seocho-gu, Seoul, co-owned with his spouse, valued at 1.4 billion won; a jeonse right for an apartment in Anyang, Gyeonggi Province, under his own name, valued at 367.5 million won; and a jeonse right for an officetel in Seocho-gu, Seoul, under his own name, valued at 10 million won.

As for financial assets, he holds a total of 752.93 million won in deposits, including 271.59 million won under his own name. His debt amounts to 1,083 million won.

Lee Dongjin, Secretary for Growth Economy, reported assets totaling 1,001,050,000 won. These include a 103.27 million won plot of woodland in Jeju, a jeonse right for an apartment in Gangnam-gu, Seoul, under his spouse's name worth 178.56 million won, and a detached house in Jeju owned by his father worth 50 million won. His deposit assets amount to 458.58 million won, while his securities assets total 287.28 million won.

Lee Hyun, Secretary for Oceans and Fisheries, reported assets of 949.36 million won. He and his spouse jointly hold a jeonse right for an apartment in Busan worth 340 million won, along with deposits totaling 589.97 million won under his and his family's names.

Woo Sangho, former Senior Secretary for Political Affairs and candidate for Governor of Gangwon Province, reported assets of 2,148,090,000 won, an increase of 425.41 million won from the previous report of 1,722,670,000 won. Notably, his deposit assets grew significantly from 636.32 million won to 1,062,240,000 won. Woo explained that this was due to increased salary income for himself and his direct descendants, accumulated insurance premium refunds, and wedding congratulatory gifts deposited for his eldest son's wedding.

Kim Byungwook, former Secretary for Political Affairs, saw his assets decrease from 8,166,990,000 won to 7,558,310,000 won. His deposit assets dropped by 683.92 million won, and his bond assets decreased by about 200 million won.

Lee Sunho, former Secretary for Local Autonomy and Development, reported a slight decrease in his assets from 927.93 million won to 869.73 million won. Lee explained that the decrease was due to the cancellation of insurance policies and withdrawal of deposits.

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