Mayor Lee Jang-woo of Daejeon Holds Assets Worth 2.521 Billion KRW... Decrease of 560.58 Million KRW

Disclosure of Asset Changes for 97 Regular Asset Disclosure Subjects
Average Reported Assets of 1.3482 Billion KRW...62 Increased, 35 Decreased

Lee Jang-woo, Mayor of Daejeon, is presiding over the weekly business meeting. / Daejeon City

The assets of Lee Jang-woo, Mayor of Daejeon, decreased by 560.58 million KRW over the course of one year due to changes in valuation and other factors.

The Daejeon City government disclosed the asset changes of 97 individuals subject to the 2024 regular asset disclosure on the 28th through the official gazette and bulletin. Among them, 29 are subject to government disclosure and 68 to Daejeon City disclosure.

The average reported assets of those subject to disclosure were 1.34822 billion KRW, with 62 public officials reporting an increase in assets and 35 reporting a decrease. Based on total asset value, 71.1% (69 individuals) reported owning assets under 1 billion KRW.

The mayor reported a total of 2.52112 billion KRW, with decreases in land and housing official prices offset by increases in deposits and other assets.

Among district heads, Seo Cheol-mo, Seo-gu District Mayor, reported 2.67289 billion KRW, an increase of 15.58 million KRW from last year, and Daedeok District Mayor reported 1.04668 billion KRW. Park Hee-jo, Dong-gu District Mayor, reported 604.08 million KRW, and Jeong Yong-rae, Yuseong-gu District Mayor, reported 295.08 million KRW.

Among government disclosure subjects, Kang Young-wook, Chairman of the Daejeon Autonomous Police Committee, had the highest assets at 3.25188 billion KRW, followed by Seo Cheol-mo, Seo-gu District Mayor, with 2.67289 billion KRW, and Jeong Myeong-guk, Daejeon City Council member, with 2.57565 billion KRW.

Among Daejeon City disclosure subjects, Han Hyeong-shin, Yuseong-gu Council member, reported 3.9063 billion KRW, Yang Myeong-hwan, Yuseong-gu Council member, 3.5434 billion KRW, and Jeong Sang-bong, Chairman of the Daejeon Credit Guarantee Foundation, 2.65657 billion KRW.