2021 Public Officials’ Property Disclosure
Blue House Staff Assets
President’s wealth increased by 100 million to 2 billion
The highest number of 4.5 billion won, including Seo Hoon, head of the company and 6 shopping center
The whole area of Pyeongsan Village, Jisan-ri, Hebuk-myeon, Yangsan-si, Gyeongnam. After retirement, President Moon Jae-in and his wife bought the land for a house in this village to use as a sister-in-law. 2020.6.5 Yonhap News
It was found that high-ranking Blue House staff, who had multiple houses, disposed of all except one for actual residence in accordance with the guidelines for’disposal of multiple houses’. Looking at the property status of 55 people, including the head of the Blue House, the head of the Blue House, the chief, and the secretary, released by the Government Officials Ethics Committee through the official gazette on the 25th. It became one home by disposing of a 50% stake in an apartment owned by a spouse. Social Chief Yoon Chang-ryul disposed of an apartment in Bangbae-dong, Seoul, and left only one apartment in Sejong City. Economic Policy Secretary Lee Won-won left an apartment in Gaepo-dong, Gangnam-gu, Seoul, and sold the officetel owned by his spouse. Secretary Lee Jeong-do sold a shopping mall in Dobong-gu, Seoul. Due to the surge in real estate prices last year, the wealth of staff who owned houses in Gangnam also increased significantly within a year. The price of an apartment in Cheongdam-dong, Gangnam-gu, Seoul, of Kim Sang-jo, increased by 270 million won, and the price of an apartment in Bangbae-dong, Seocho-gu, Seocho-gu, Seo-jeong Lim, increased by 326 million won. The value of the apartment in Seocho-dong of the 1st secretary Shin Ji-yeon also increased by 260 million won. The price of the apartment in Gaepo-dong, Gangnam-gu, of the Secretary of State Administration, Cho Yong-woo, rose 280 million won. Social Chief Yoon Chang-ryul reported that he had sold an apartment in Bangbae-dong for 1.8 billion won. The staff who bought the new land also stand out. Jeong Moo-seok Choi Jae-seong reported that the spouse owns 1,119 square meters of forests in Suman-myeon, Namyang-si, Gyeonggi-do. Chief Choi said that at the end of May last year, he paid 324 million won to buy this land and build a house to live after leaving the Blue House. Chief Choi’s land is far from the Wangsuk district of Namyangju, the 3rd new city. Choi, a homeless person, has been living in a building for Blue House employees since November of last year. President Moon Jae-in’s fortune was 2,076.92 million won, an increase of 12.76 million won from last year. Through this property disclosure, President Moon announced that he spent 1,064 million won to purchase the site and building of a new sister-in-law in Hebuk-myeon, Yangsan-si, Gyeongsangnam-do. The savings from 1.55 billion won last year to buy the sister’s land fell to 642 million won this year. She reported that she also owns a sister-in-law in Maegok-dong, Yangsan-si, Gyeongsangnam-do. An official from the Blue House explained, “The sister of Maegok-dong was sold for sale, but it was not sold.” The property of Mr. Jun-yong and his daughter Da-hye was denied notice on the grounds of maintaining an independent livelihood. The chief of staff with the most wealth was Seo Hoon, head of the National Security Office. It reported 4,533 billion won, an increase of 299 million won compared to last year. Director Seo Hoon reported six commercial buildings (worth 2.6 billion won) owned by the spouse. The next most wealthy staff after Seo was Lee Ji-soo, foreign media secretary (2.42 billion won). The person who reported the least property was Park Jin-seop, secretary for climate and environment (198 million won). The average wealth of the staff was 1.47 billion won, an increase of 30 million won from last year. By Lee Wan, staff reporter