Newly elected officials report average assets of 1.35 billion won
Officials newly elected in June's local elections reported average assets of 1.35 billion won ($996,500), according to Government Ethics Committee data released Tuesday. The committee disclosed the personal assets of 1,259 individuals, including 563 local governors, mayors, councilors and education chiefs elected in the June elections. The others are 586 people who retired from elected offices…
Officials elected in June's local elections possess an average of 1.35 billion won in assets, according to data released by the Government Ethics Committee on Tuesday. This figure encompasses 1,259 individuals, comprising 563 local governors, mayors, councilors, and education chiefs who were newly elected, along with 586 former office-holders and 110 appointed public officials.
The heads of large local governments boasted an average wealth of 1.99 billion won, while those in smaller municipalities reported a median asset value of 1.69 billion won. Among the small local government heads, Bonghwa County Mayor Choi Gi-young led with an astonishing 34.9 billion won in assets. Meanwhile, Yoon Yu-jin, a member of the Seoul Metropolitan Council, emerged as the wealthiest newly elected member of a large local council, with a staggering 15.64 billion won in wealth.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
