Tag: Cho Yun-sun

ROK Culture Minister Criticized for Spending Too Much of Her Own Money

If she earned her money legally what business is it of anyone on how she spends it?  If anything she is a walking economic stimulus plan!:

rok flag

Cho Yoon-sun, a nominee for the minister of culture, sports and tourism, was grilled at a confirmation hearing, Wednesday, over various allegations including her excessive consumption which opposition lawmakers said goes beyond common sense.

The hearing by the National Assembly Education, Culture, Sports and Tourism Committee took place after President Park Geun-hye nominated Cho to be the minister on Aug. 16.

The morning session of the hearing was crippled due to wrangling between rival lawmakers over an issue of a supplementary budget. The afternoon session was held with only opposition lawmakers from the main opposition Minjoo Party of Korea (MPK) and the minor opposition People’s Party attending. Lawmakers from the ruling Saenuri Party refused to participate in the session.

One of major controversies facing Cho was her alleged extravagant lifestyle where she has spent about 500 million won ($448,000) a year.

Rep. Kim Byung-wook from the MPK, who estimated the amount of Cho’s annual consumption after reviewing her property details and tax payment, said it was also unclear where and how Cho and her husband have spent about 1.6 billion won from 2013 to 2015.

Rep. Kim said Cho currently has a property worth an estimated 5.2 billion won, noting that this has increased by 510 million won compared to her property worth 4.69 billion won reported in 2013 when she was serving as the minister of gender equality and family.

When the income of her and her husband was added up, the couple earned a total of 3.49 billion won from 2013 to 2015, Rep. Kim said, noting that the amount of her estimated annual expense is against the common sense of ordinary people.

Kim added that the couple provided the details of expenditures for the past three years only up to 230 million won, falling short of explaining how 1.6 billion won was spent.

Cho’s alleged excessive consumption also came into the spotlight during a 2013 hearing when she was a nominee to be the gender equality minister. At that time, she said, “My husband and I are generous when meeting friends and colleagues. So we were unable to manage our income well.”

But the public repulsion seems to have not been eased after it was known that the couple has spent only 1.1 percent of their income in donations for the past three years. [Korea Times]

You can read more at the link, but it sounds like another one of these phony political scandals.