[Public Officials' Assets] Lee Ju-yeol, Bank of Korea Governor's Assets Total 3.2 Billion Won... Increased by 400 Million Won in One Year

[Image source=Yonhap News]

[Asia Economy Reporter Kim Eunbyeol] It has been revealed that Lee Ju-yeol, Governor of the Bank of Korea, has assets exceeding 3.1 billion KRW. Including Governor Lee, all members of the Bank of Korea's Monetary Policy Committee, which decides the base interest rate, have assets exceeding 2 billion KRW.

According to the asset change report published in the official gazette by the Government Ethics Committee on the 26th, the total assets reported by Governor Lee at the end of last year amounted to 3.15272 billion KRW, an increase of 438.72 million KRW compared to the previous year.

Among Governor Lee's assets, buildings accounted for the largest portion at 1.852 billion KRW. These included the Raemian Gangnam Hills apartment in Jagok-dong, Gangnam-gu, Seoul, jointly owned by Governor Lee and his spouse (952 million KRW), and the Jeonse deposit for the Centras apartment in Hawangsimni-dong, Seongdong-gu, Seoul (900 million KRW).

The deposits held by Governor Lee, his spouse, and eldest daughter totaled 1.29033 billion KRW, an increase of about 230 million KRW from the previous year's level (1.05985 billion KRW). Despite living expenses, account closures, and withdrawals, savings increased due to salary and bonuses.

Securities amounted to 3.55 million KRW, held by the spouse (2.45 million KRW) and eldest daughter (1.1 million KRW).

Deputy Governor Yoon Myeon-sik's assets increased by 177.34 million KRW to 2.26007 billion KRW. The price of his detached house in Gangdong-gu, Seoul, which he owns, rose by 69 million KRW to 704 million KRW.

Among the Monetary Policy Committee members, Shin In-seok had the highest assets at 8.17442 billion KRW. His assets increased by 615.3 million KRW compared to a year ago.

The value of a mixed-use building in Yongsan, Seoul, rose by 1.324 billion KRW, increasing his assets. However, securities such as stocks decreased by 176.28 million KRW to 262.7 million KRW. Shin also incurred housing rental debt under his and his spouse's names amounting to 1.15 billion KRW.

Following Shin, Lim Ji-won’s assets stood at 7.92357 billion KRW, increasing by 165.36 million KRW over the year. Lim’s apartment value in Yongsan-gu increased.

Ko Seung-beom’s assets were 4.28808 billion KRW, up 356.54 million KRW from the previous year. The value of his apartment in Apgujeong-dong, Gangnam-gu, Seoul, rose by 92 million KRW, and the value of land in Gunsan, Jeonbuk, also increased.

Jo Dong-cheol’s assets amounted to 4.05896 billion KRW, an increase of 435.92 million KRW. The value of buildings, including the Raemian apartment in Banpo-dong, Seocho-gu, grew by 229.04 million KRW.

Lee Il-hyung’s assets were 3.46777 billion KRW, up 381.83 million KRW. Lee’s deposits increased by 322.93 million KRW.

Compared to other public officials, the Monetary Policy Committee members’ assets are relatively high. The average declared assets of 1,865 public officials subject to asset disclosure was 1.303 billion KRW, which is over 3 billion KRW less than the average of the Monetary Policy Committee members. Among those with assets exceeding 2 billion KRW, 17.9% were included, and all Monetary Policy Committee members fall into this category.

Only 4.7% of the subjects had an asset increase of over 500 million KRW, among whom was Shin In-seok from the Monetary Policy Committee.

Meanwhile, Jang Ho-hyun, auditor of the Bank of Korea, reported assets of 2.12104 billion KRW, an increase of 192.44 million KRW from a year ago.