Reported 1,043.94 million won worth of assets in my name
Park Jang-beom, a candidate for president of the Korea Broadcasting Corporation (KBS), reported a total of 2.27475 billion won in assets in the name of himself, his spouse, and his two children.
According to the personnel hearing request submitted to the National Assembly on the 3rd, Candidate Park reported 1,043.94 million won as assets in his name.
He reported that he and his spouse own the Raemian One Bailey Apartment in Banpo-dong, Seocho-gu, Seoul (KRW 1.163 billion), KRW 77 million in deposits, KRW 6.4 million in securities, a 2021 G80 vehicle (KRW 35 million), and land in Jeongeup, Jeollabuk-do. Debt of 274 million won was also reported.
The candidate’s spouse reported the candidate’s shared apartment, 24 million won in deposits, and 17 million won in securities.
The eldest son reported 2.2 million won in deposits as his assets.
The eldest daughter reported that she was living in an officetel in Yuseong-gu, Daejeon, on a lease basis, and that she had 4.2 million won in deposits and 50,000 won in securities.
The mother refused to report her assets on the grounds that she wanted to make an independent living.
The candidate served in the military from April to October 1990 and was discharged as a private (for no reason). The candidate’s eldest son served in the military from June 2019 to May 2022 and was discharged (expired) as a lieutenant in the Air Force.
It was revealed that the candidate had no criminal history.
Candidate Park graduated from the Department of Economics at Yonsei University in 1994 and joined KBS in the same year, serving as a London correspondent, head of the current affairs production department, head of the social department, and chief of staff. He hosted the KBS debate program ‘Late Night Debate’ and the policy diagnosis program ‘Sunday Diagnosis’, and has worked as an anchor for ‘KBS News 9’ since November 2023.
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Interview Exchange:
Time.news Editor (TNE): Welcome to Time.news! Today we have a special guest, Park Jang-beom, a candidate for the presidency of the Korea Broadcasting Corporation, KBS. Thank you for joining us, Mr. Park.
Park Jang-beom (PJB): Thank you for having me. It’s a pleasure to be here.
TNE: Let’s dive right into your recent asset declaration. You reported a total of 2.27 billion won in assets, with 1.04 billion attributed to you personally. Can you walk us through your main assets?
PJB: Certainly. I reported owning the Raemian One Bailey Apartment in Banpo-dong, valued at 1.163 billion won, along with deposits, securities, and a vehicle. These reflect both my personal investments and shared family assets.
TNE: Interesting! The apartment seems to be a significant part of your portfolio. How do you view the role of real estate in personal wealth management in today’s economic climate?
PJB: Real estate is often considered a stable investment, especially in markets like Seoul. However, I also believe it should be balanced with other assets to mitigate risks, particularly in fluctuating economies.
TNE: You also mentioned your family’s assets. Your eldest son reported 2.2 million won and your daughter is leasing an officetel. What are your thoughts on the financial independence of younger generations in Korea?
PJB: It’s essential for the youth to learn financial literacy. While my children are still building their own financial foothold, I encourage them to be independent and knowledgeable about managing their finances—it’s a vital skill in today’s world.
TNE: Your mother chose not to report her assets. This emphasizes a desire for independence. How do you balance respect for such choices with the expectation of transparency in public service?
PJB: It’s important to respect personal choices. While transparency is crucial in public service, I believe each individual’s relationship with their finances should be honored, especially when they wish to maintain their independence.
TNE: Moving on to your professional background, you’ve been with KBS since graduating from Yonsei University. What insights have you gained from your experiences that you hope to bring to this potential presidential role?
PJB: My journey through various roles at KBS exposed me to multiple facets of media. I’ve learned that communication and transparency are vital in fostering trust between the public and the media. If elected, I hope to enhance KBS’s commitment to integrity and quality journalism.
TNE: You’ve also hosted various programs on KBS. How do you think your public presence will influence your candidacy?
PJB: Hosting programs allows me to connect with the audience and understand their concerns better. My experience has cultivated a rapport that I believe can be beneficial in addressing the needs of the citizens as a leader of KBS.
TNE: It seems you’ve also had a clean background with no criminal history, which is often scrutinized in candidates. Do you feel this plays a significant role in your campaign?
PJB: Absolutely. A clean record reflects my commitment to ethical standards, something I believe is vital for anyone in a leadership position. It builds public confidence and trust in my capability to lead effectively.
TNE: Thank you for sharing your insights today, Mr. Park. As you move forward with your campaign, what message do you want to leave with our readers?
PJB: I want to emphasize the importance of integrity and independence. We must work together to cultivate a media environment that accurately reflects our society’s values and concerns while remaining steadfast in our commitment to transparency.
TNE: Thank you again for your time and thoughts. We look forward to seeing how your campaign develops.
PJB: Thank you for having me. I appreciate the opportunity to share my vision for KBS.