The eldest son Eui-yong, who refuses to report property for’independent living’, lived in a villa owned by the late

Candidate Eui-yong Eui-yong, Minister of Foreign Affairs, is on the morning of the 1st to go to the office for a personnel hearing in a building in Jongno-gu, Seoul.  News 1

Candidate Eui-yong Eui-yong of the Minister of Foreign Affairs and Communications is on the morning of the 1st at the office for a personnel hearing in a building in Jongno-gu, Seoul. News 1

It turned out that the residence where the eldest son of the foreign minister candidate Eui-yong Eui-yong reported the move-in was a semi-basement villa in the name of his foreign grandfather, whom Jung’s spouse, Kim Mo, transferred ownership in 2000. However, it was pointed out that his wife, Kim, did not disclose this fact, and that the eldest son also violated the Public Officials Ethics Act by refusing to report property for public officials from the age of 26 on the grounds of’independent living’.

According to Congressman Ji Seong-ho’s People’s Power on the 1st, the eldest son, A, 47, has refused to notify the public whenever his father, who is a high-ranking public official, discloses his or her property. Even if a high-ranking public official is directly underserved, if it is classified as an’independent livelihood’ who can make a living without financial support, the notification may be denied with the permission of the Public Officials Ethics Committee.

Mr. A generated income from 1998, and was first included in the scope of candidate Jung’s property report in 1999. However, in January of the same year, the address was transferred to a 15-pyeong semi-basement villa located in Sinsa-dong, Gangnam-gu, Seoul, and was classified as’independent living’ and was excluded from notification.

However, the villa was owned by Candidate Jung’s father-in-law since 1994, but in November 1999, the villa was confirmed as an inherited building to Kim’s spouse. A is living in a villa owned by her mother and refused to disclose property because of’independent living’. Kim also did not record the status of acquisition of real estate ownership and income from trading in the property report in 2000, and reported only as’an increase of 100 million won in bonds between autographers’.

Rep. Ji raised suspicion of retacking real estate and avoiding gift tax in connection with the refusal to disclose property while the eldest son transferred resident registration to his mother’s villa. There was a mansion across from the villa in Sinsa-dong, where the eldest son lived, because this building was owned by Candidate Jeong and No. 2 101 by his maternal grandfather. There is a father and grandfather’s house across the street, but there is no reason to move into a semi-basement villa.

Moreover, it is controversial that Mr. A, who was a freshman at the time, moved from a semi-submarine villa to a 40-pyeong modern apartment in Apgujeong in just one year and eight months and acquired the right to sell the apartment. In August 2000, Mr. A moved to Apgujeong Hyundai Apartment, and in 2002, he paid a premium of 74.21 million won and paid for the sale of the apartment in Seongdong-gu, Seoul.

Assemblyman Ji said, “As soon as Mr. A graduated from college, he bought an apartment in Seoul with the help of his parents, lived in a Gangnam villa owned by his mother, and moved to a 40-pyeong Gangnam apartment. He pointed out that there is a need to clarify the alleged violation of the Gift Tax Act.

Rep. Ji said, “The false property report of Candidate Eui-Yong Jeong is itself a reason for disqualification as a public official for violating laws and regulations, and if the purpose is to evade the child gift tax, he must give himself down the candidate for minister. We urge you to clarify the facts such as the purchase cost, the reason for moving to the mother’s villa, the source of funds related to the Gangnam apartment residence, and the details of the contract relationship and gift tax payment.”

Reporter Bae Jae-seong hongdoya@joongang.co.kr


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