6/5/2023 0 Comments Conflict of Interest by Jae![]() ![]() Main opposition Democratic Party Floor Leader Park Kwang-on speaks at the party's policy coordination meeting on May 11, 2023. "We will swiftly revise the Public Service Ethics Act and related laws." "It has become clear that it is necessary to supplement the public servants' asset disclosure and the conflict of interest prevention systems," DP floor leader Park Kwang-on said at a party meeting. Kim has also been accused of conflict of interest, as he reportedly liquidated most of his digital assets months before he co-sponsored a bill deferring income tax on such assets. The assets were not included in Kim's disclosure of personal assets because such assets are not required to be declared. Kim Nam-kuk of the main opposition Democratic Party (DP) has been under scrutiny and criticism following revelations he had owned around 800,000 Wemix coins in 2021, worth around 6 billion won (US$4.5 million) at that time, a massive amount that does not fit his frugal image. ![]() SEOUL, May 11 (Yonhap) - The rival parties said Thursday they will push for legislation making cryptocurrency and other virtual assets subject to the annual asset disclosure required of lawmakers and other senior public servants amid a cryptocurrency scandal involving an opposition lawmaker. (ATTN: ADDS additional info in last 2 paras) By Kang Jae-eun ![]()
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