PM nominee grilled over finances in confirmation hearing
Kim Min-seok, President Lee Jae Myung’s nominee for prime minister, faced intense scrutiny Tuesday over his personal finances and qualifications during a combative confirmation hearing. Opposition lawmakers from the People Power Party (PPP) pressed Kim to account for how he spent at least 1.3 billion won ($952,000) over the past five years, despite earning just over 100 million won annually as a lawmaker. “That gap is too big in the eyes of the public, which has led to the question over where the rest of the money came from,” Rep. Joo Jin-woo said at the National Assembly. Kim, 61, attributed the additional income to gifts from friends and relatives for his 2019 remarriage, condolence money following his father-in-law’s death in 2020, proceeds from book publication events in 2022 and 2023 and financial support from his mother. Under current law, funds raised through book events are not considered political donations and therefore do not need to be reported to the National Election Commission. “One more thing: The sums collected for all these events were no more than what would b
