[Public Officials' Asset Disclosure] Park Byeong-seok Ulsan City Council Chairman 751 Million KRW... Jwa Nam-su Jeju City Council Chairman Reports 96 Thousand KRW 'Draws Attention'

Park Byeong-seok, Chairman of Ulsan Metropolitan Council

[Asia Economy Reporter Lim Cheol-young] In the public disclosure of public officials' assets released on the 31st, most of the chairpersons of the 17 metropolitan councils reported assets under 1 billion KRW.

Park Byeong-seok, Chairperson of the Ulsan City Council, reported the highest amount with 751.25 million KRW, an increase of 123.09 million KRW. He was followed by Kwon Jung-soon of Daejeon (731.44 million KRW), Kim In-ho of Seoul (723.12 million KRW), Kim Yong-jip of Gwangju (549.59 million KRW), and Kim Myung-seon of Chungnam (539.07 million KRW).

Additionally, Jwa Nam-su, Chairperson of Jeju City Council, drew attention by reporting only 96,000 KRW. Chairperson Jwa declared about 700 million KRW in assets including land, buildings, and deposits, but due to financial debts from building construction and other factors being similar in amount, he reported this lower net asset value. The assets of his eldest son and grandchildren were excluded as they refused to disclose them.