[2023 Property Disclosure] South Korean Prime Minister, 8.5 Billion KRW 'Cash Rich'... Visit Gyu Director's Assets Increase by Over 300 Million KRW

Total Declared Assets of 8.5 Billion
60% of Which Are Deposit Assets

Han Duck-soo, the Prime Minister overseeing the Yoon Suk-yeol administration's cabinet, reported assets totaling 8.5 billion KRW, with the largest portion consisting of deposits.

According to the high-ranking public officials' asset registration details disclosed on the electronic gazette by the Government Ethics Committee on the 29th, Prime Minister Han reported assets totaling 8,517,210,000 KRW. This is an increase of 16,400,000 KRW compared to one year ago.

Prime Minister Han Duck-soo is presiding over the Ministerial Meeting on State Affairs held at the Government Seoul Office in Jongno-gu, Seoul on the 2nd. Photo by Kim Hyun-min kimhyun81@

The largest portion of the assets was deposits, with Prime Minister Han himself reporting 3,286,000,000 KRW and his spouse 2,000,000,000 KRW, totaling 5,354,000,000 KRW. Deposits accounted for 63% of the total assets.

Prime Minister Han also reported owning a detached house worth 2,750,000,000 KRW located in Sinmunno 2-ga, Jongno-gu, Seoul, and land in Unyeon-dong, Namdong-gu, Incheon, valued at approximately 75,000,000 KRW. He also listed membership rights worth 221,500,000 KRW, including two golf club memberships held by himself and his spouse, one health club membership at the Chosun Hotel, and one condominium membership.

Bang Moon-kyu, Minister of the Office for Government Policy Coordination, reported total assets of 7,408,300,000 KRW, including those of himself, his spouse, and children. This is an increase of 386,000,000 KRW from the 7,021,800,000 KRW reported last year.

The main asset details of Minister Bang include buildings worth 2,767,000,000 KRW, land worth 63,020,000 KRW, and deposits totaling 4,356,000,000 KRW, with a significant increase in assets due to the rise in official apartment land prices.

He owns an apartment jointly with his spouse in Seobinggo-dong, Yongsan-gu, Seoul (140.81㎡), reporting it at 2,568,000,000 KRW. He also reported a leasehold right of 200,000,000 KRW for commercial buildings (80.60㎡, 64.00㎡) in Singongdeok-dong, Mapo-gu, Seoul, under his spouse's name. Additionally, land in Gasa-dong, Anseong-si, Gyeonggi-do (175.30㎡) worth 63,000,000 KRW was reported under his spouse's name.

Deposits included 1,100,000,000 KRW under his name, 3,180,000,000 KRW under his spouse's name, and 76,430,000 KRW under his eldest son's name. Furthermore, he reported a 200,000,000 KRW venture investment partnership equity under his spouse's name.