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Former Power Company President Tops Retired Officials' Asset List at 16.2 Billion Won; 'Official Trump' Coin Mentioned

From Hankyoreh · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

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  • Kang Ki-yoon, former president of Korea South-East Power, reported the highest assets among recently retired public officials at approximately 16.2 billion won.
  • Kim Yong-won, former standing member of the National Human Rights Commission, declared the second-highest assets at around 7.8 billion won, despite facing a corruption investigation.
  • The public disclosure by the Government Public Service Ethics Committee revealed assets of 107 officials who changed status between February 2 and March 1, 2026, including significant holdings in unlisted stocks and cryptocurrencies.

Kang Ki-yoon, the former president of Korea South-East Power, has declared the highest assets among recently retired public officials, reporting a total of approximately 16.2 billion won (around $11.8 million USD). This disclosure places him at the top of the list of 107 officials whose asset registrations were made public by the Government Public Service Ethics Committee.

Following Kang is Kim Yong-won, a former standing member of the National Human Rights Commission, who reported assets of about 7.8 billion won. Kim's declaration comes amid controversy, as he was previously reported to the Board of Audit and Inspection for alleged inappropriate remarks. His assets include significant holdings in unlisted stocks, such as shares in a bus terminal company.

The asset declarations cover officials whose status changed between February 2 and March 1, 2026. Kang's substantial assets include over 5.5 billion won in securities, with significant holdings in unlisted shares of Iljin Metal Industry. Notably, his eldest son possesses a diverse cryptocurrency portfolio, including Dogecoin, Shiba Inu, Bitcoin, Ethereum, and even 25 "Official Trump" meme coins.

Among current public officials, Kim Yong-gon, the Vice President for External Affairs at Kyungnam National University of Science and Technology under the Ministry of Education, reported the highest assets at 4.5 billion won. Other high-ranking current officials include Oh Young-geun, a standing member of the National Human Rights Commission, and Yoon Seung-ki, head of the Public Audit and Inspection Board.

DistantNews Editorial

Originally published by Hankyoreh in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.