The assets of Park Chandae, who was elected Mayor of Incheon in the 6·3 local elections, have been reported at 2,905,000,000 won.


According to the 'Asset Registration Details of Newly Elected Public Officials from the 6·3 Local Elections' released by the Government Public Official Ethics Committee on the 28th, Mayor Park declared 2,905,000,000 won in assets, including real estate valued at 669,000,000 won and bank deposits totaling 2,125,000,000 won, in his declaration for elected officials.


Mayor Park's assets increased by approximately 34,000,000 won compared to the declaration he submitted when he resigned from the National Assembly in April this year. The reasons for the change are an increase in investment securities profits, higher operating account income, and increased salary savings.


Park Chandae, Mayor of Incheon. Photo by Incheon City

Park Chandae, Mayor of Incheon. Photo by Incheon City

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Among the heads of basic local governments in Incheon, Park Hyungwoo, Mayor of Gyeyang-gu, reported the highest assets at 1,800,000,000 won. Other heads who were included in this round of asset disclosures reported the following amounts: Gu Jaeyong, Mayor of Seohae-gu, with 1,790,000,000 won; Lee Byeongrae, Mayor of Namdong-gu, with 1,480,000,000 won; Jang Jeongmin, Governor of Ongjin-gun, with 1,330,000,000 won; Kim Jeongsik, Mayor of Michuhol-gu, with 1,100,000,000 won; Kim Jingyu, Mayor of Geomdan-gu, with 750,000,000 won; and Son Hwajeong, Mayor of Yeongjong-gu, with 150,000,000 won.


Among the newly elected members of the Incheon City Council, Assemblywoman Lim Aesuk of the Democratic Party of Korea (representing Namdong-gu District 2) declared the largest assets, amounting to 3,520,000,000 won.



Meanwhile, the reported assets of the 160 members of basic district councils in Incheon, disclosed by the Incheon City Public Official Ethics Committee, averaged 820,000,000 won. Detailed information can be viewed on Incheon City's official website and the Public Ethics System (peti.go.kr).


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