Among the 21st National Assembly members (300 in total), the highest asset price was reported on the 24th as an independent legislator Jeon Bong-min who reported 91.4 billion won. Even in the midst of last year’s new coronavirus infection (Corona 19) and the economic downturn, more than 8 out of 10 lawmakers have increased their wealth.
Bong-min Jeon 91.4 billion, Deok-Hum Park 56 billion
Rep. Jeon Bong-min is holding a press conference on the afternoon of December 22 last year in relation to the suspicion of donating expedient ways, such as driving a job at the National Assembly’s Jeongron Hall. Reporter Oh Dae-geun
On this day, the National Assembly Public Officials Ethics Committee released the details of’regular property change report in 2021′. First, independent lawmaker Bong-min Jeon had the most wealth at 91.4 billion won. Most of the property was Leejin Housing, where the former lawmaker served as the representative, and unlisted shares (85.9 billion won) of Dongsu Construction. The former lawmaker withdrew from the power of the people at the end of last year, after being suspicious of being called for wealth through expedient gifting such as’Driving work’ from his father, Jeon Kwang-soo, Chairman of Construction General Construction Lee Jin.
Independent Rep. Park Deok-heum (56 billion won), who served as a member of the National Assembly’s National Land Transportation Committee, and who was deprived of the people’s power due to the suspicion of winning an order of hundreds of billions of won to a construction company in the family’s name from an audited organization, followed the former lawmaker. Following the Democratic Party’s Rep. Park Jeong (44.5 billion won), independent Rep. Yun Sang-hyun (35 billion won), and the People’s Power of the People Paik Jong-heon (28.6 billion won), they had more wealth.
Report of unlisted’face value → actual transaction price’… Yoon Sang-hyun +18.4 billion won, Park Jung +13.9 billion won
Top 10 fortunes of 21st lawmakers
Rep. Yoon Sang-hyun was the one with the largest increase in wealth compared to a year ago (the first was in August of last year). From 16.6 billion won last year to 35 billion won this year, a year-on-year increase of 18.4 billion won. The increase in the value of unlisted stocks held by spouses by 18.1 billion won (5.9 billion → 24 billion won) was significant. This is interpreted as the fact that the method of calculating the reported value of unlisted stocks held by public officials changed from face value to actual transaction price due to the revision of the Public Officials Ethics Act in June of last year. Democratic Party lawmakers Park Jeong (+13.9 billion won) and Hong Ik-pyo (+3.1 billion won) have also greatly increased their wealth for the same reason.
Of the 296 members of the National Assembly (excluding 4 members of the State Council), 245 (82.7%) of the lawmakers increased their wealth. Among them, 166 (56.0%) of the lawmakers had their new property increased by more than 100 million won a year. On the other hand, 51 lawmakers (17.2%) lost their property. Rep. Han Moo-kyung, the power of the people (last year 45.2 billion won → 12.9 billion won this year, -32.3 billion won), whose wealth declined the most. This is the result of a blank trust of 32.7 billion won in unlisted stocks of affiliates, including Hyorim Industries, an automobile parts company that he established.
Fortune is’Yeosoyadae’… People’s power of 3.1 billion, democracy of 1.7 billion
21st legislator property bottom 10
As for the average wealth of the lawmakers by political party, the people’s power was the highest with 3.1 billion won (102 people). The Open Democratic Party (3 people) and the Democratic Party (170 people) followed with 1.9 billion won and 1.7 billion won respectively. The Justice Party (6 people) was only 600 million won. The bottom five of the property were all Democrats. Congressman Jin Seon-mi had the least wealth among all the lawmakers with negative (-) 1.30 billion won. Rep. Kang Sun-woo (420 million won), Kim Min-seok (-3700 million won), Yoon Jae-gap (39 million won), and Lee Gyu-min (72 million won).
The family members of the National Assembly are also the Seohak ant craze? A unique property of parliamentarians
‘Seohak ant’ (a domestic investor investing in overseas stocks) was hot even among the members of the National Assembly. The eldest son of Democratic Party lawmaker Lee Yong-woo reported that he owns 18.5 million won worth of US stocks, including Tesla and Apple. The second son of Congressman Cho Eung-cheon of the same party also owned shares of Pfizer, Amazon.com, and Netflix (5.6 million won). It was also confirmed that Democratic Party lawmaker Kim Soo-heung also owns a large number of U.S. stocks with spouse, eldest son, and eldest daughter.
In addition,’unique property’ such as art objects and musical instruments also attracted attention. Democratic Party Rep. Yang Kyung-sook, whose total assets are 450 million, reported a total of 40 million won worth of art, including one painting and one ceramic. Representative Park Chan-dae of the same party also had a Korean painting worth 12 million won (author Heo Jin-dae). Rep. Kwon Young-se had three harps worth tens of millions of won per unit in the name of her spouse who was a harpist. Congressman Park Jin of the same party reported a violin (70 million won), a diamond ring (10 million won), a diamond brooch (5 million won), and 24K pure gold (13.88 million won) under the name of the spouse.
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