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Thu, June 8, 2023 | 23:32
Politics
Moon has asset worth $1.62 mil.
Posted : 2017-08-25 16:53
Updated : 2017-08-25 17:55
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By Kim Hyo-jin

President Moon Jae-in's assets amount to 1.82 billion won ($1.61 million), data showed Friday.

The annual data, released by the Government Public Ethics Committee, showed that the average wealth of the President and senior presidential secretaries was 1.98 billion won ($1.75 million).

Presidential chief of staff for policy Chang Ha-sung topped the list with 9.32 billion won ($8.26 million) in assets, followed by Cho Kuk, senior presidential secretary for civil affairs, who reported 4.98 billion won ($4.41 million).

The largest part of Moon's assets was personal savings, which includes 521 million won in his name, 323 million won in his wife Kim Jung-sook's name and 23 million won in his mother Kang Han-ok's name.

Buildings owned by the President were valued at 758 million won, including one in Yangsan, South Gyeongsang Province, at 326 million won. The house in Hongeun-dong, where Moon and his wife lived before moving to Cheong Wa Dae, was worth 285 million won but was under the first lady's name.

For real estate holdings, Moon reported land in Yangsan valued at 323 million won and forest land in Jeju worth 14 million won.

Ha Seung-chang, senior secretary for social innovation, was the least-wealthy presidential aide with assets valued at 310 million won ($274,770). Moon's chief of staff Im Jong-seok posted 434 million won ($384,680) in assets, the committee said.

The country's public service ethics act requires senior government officials, lawmakers, heads of municipalities, members of local legislatures and senior judges to report their assets every year.


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