Top Tweets for #Assets8

@Sonsteven1980

4 months ago

[🚨🚨Shocking #KoreaBreakingNews] #BankofKoreaGovernor #ShinHyunSong #Assets8.2BillionWon... 98% of #FinancialAssets are Overseas, https://t.co/Jz9r92Mkxq #ShinHyunSong Even His Daughter Holds Foreign Citizenship... Did Not Report 'Loss of Nationality' for 27 Years Furthermore, Shin Hyun-song’s British daughter is embroiled in controversy over ‘illegal reissuance of Korean passport’... Despite the fact that she used it illegally even when leaving the country, #LeeJaeMyung ultimately appointed Shin Hyun-song as the #BankofKoreaGovernor. On the day of his inauguration, Shin Hyun-song only apologized for his 8.2 billion won in assets and his daughter's issues, did not resign, and emphasized CBDC. He is anti-American and pro-Chinese. Regardless of whether his family is in the U.S., the U.K., or any other country, please deport them and request an FBI investigation. ASAP On his first day in office, Shin Hyun-song pushed forward the #CBDC ‘#HanRiverProject,’ which critics viewed as a signal of tightening controls on digital finance. While the Lee Jae-myung administration previously blamed high exchange rates on individual investors purchasing overseas stocks, Governor Shin is reported to have revealed that more than half of his 8.2 billion won in assets is held in foreign currency. Amidst the government's criticism of multi-home ownership and the imposition of regulations on citizens, Governor Shin is also known to own three homes in Korea and overseas. In addition, suspicions have been raised regarding the potential for capital gains from purchasing an apartment in Gangnam and engaging in "gap investment." Furthermore, Governor Shin's daughter, who holds British citizenship, has been embroiled in controversy over allegations that she used an illegally reissued Korean passport for immigration purposes, and the entire family holds foreign citizenship. [Bank of Korea Governor Nominee Shin Hyun-song's Assets at 8.2 Billion Won... 98% of Financial Assets Overseas] It has been revealed that more than half of the assets of Bank of Korea Governor nominee Shin Hyun-song are held overseas. His financial assets are largely comprised of foreign currency. Concerns are being raised that this asset composition may create a potential conflict of interest with the duties of the Bank of Korea Governor, who oversees foreign exchange policy. According to the request for a confirmation hearing submitted to the National Assembly on the 5th, the total assets held by nominee Shin, his spouse, and his eldest son amount to 8.24102 billion won. When nominee Shin disclosed his assets in 2010 while serving as the Presidential Advisor on International Economic Affairs, he reported 2.22351 billion won; this figure has increased approximately fourfold over the past 16 years. Overseas assets accounted for 4.57472 billion won of the total assets, representing 55.5%. Notably, 98% of the 4.64708 billion won in financial assets (excluding real estate) was held overseas, indicating that the majority of financial assets consist of foreign currency. For nominee Shin himself, foreign currency deposits accounted for the largest share at 2.03654 billion won. He also held British government bonds worth 150,000 pounds (approximately 302.08 million won). His spouse reported 1.85692 billion won in foreign currency deposits, while his eldest son, a British national, reported 82.39 million won in foreign currency deposits and 28.61 million won in overseas stocks. The eldest daughter, who is married, was excluded from the asset disclosure requirements. Conversely, domestic financial assets accounted for a small portion, consisting of approximately 330 million won in bank and securities deposits, 44 shares of Samsung Electronics, and 1 share of LG Energy Solution. Regarding real estate, there are three homes, including both domestic and international properties. Candidate Shin owns the Donghyeon Apartment in Gangnam-gu, Seoul (1.509 billion won) and the D-Palace Officetel in Jongno-gu (1.8 billion won). His spouse jointly owned an apartment in Illinois, USA (284.94 million won) with their children. Candidate Shin has put the Jongno officetel up for sale and plans to liquidate the US apartment as well. After earning a degree in the UK, Candidate Shin has built a career abroad for approximately 44 years, serving as a professor at Oxford University, the London School of Economics (LSE), and Princeton University, as well as working for international organizations such as the Bank for International Settlements (BIS). Given this background, a high proportion of foreign currency assets is inevitable. However, the asset structure itself is expected to be a major subject of scrutiny during the confirmation hearing. This is because the majority of financial assets consist of foreign currencies, creating a structure where the value of assets in Korean won increases along with the rise in the exchange rate. Current Governor Lee Chang-yong has a relatively small proportion of foreign currency assets, accounting for approximately 5.5% of his total assets of 5.4526 billion won. Consequently, the confirmation hearing is expected to focus intensively on whether Candidate Shin will maintain his foreign currency assets, his plans for disposal, and measures to prevent conflicts of interest. Additionally, the fact that he is a multi-homeowner, possessing three properties in Korea and the United States, is also likely to become a major point of contention. Candidate Shin's spouse holds U.S. citizenship, while his eldest son, born in 1996, holds British citizenship. The eldest son did not fulfill his military service obligations due to renouncing his citizenship before the age of 18. The issue of his son's military service exemption could also become a subject of controversy during the confirmation hearing. The National Assembly must complete the hearing process within 20 days of receiving the request for a confirmation hearing. Considering that Governor Lee Chang-yong's term expires on the 20th of this month, the hearing is expected to be held no later than the middle of this month. Reporter Kim Won [email protected] https://t.co/Jz9r92Mkxq [[Exclusive] Even Shin Hyun-song's Daughter Holds Foreign Nationality... 'Loss of Nationality' Not Reported for 27 Years] [Seoul=Newsis] Reporter Kim Rae-hyun = It has been revealed that the eldest daughter of Bank of Korea Governor nominee Shin Hyun-song did not report to the Korean government for 27 years that she held British nationality. This means that all of Shin's family members, excluding Shin himself, hold foreign nationality rather than Korean nationality. According to data submitted by the Bank of Korea to People Power Party lawmaker Park Soo-young on the 8th, Shin's eldest daughter, Ms. Shin, acquired British nationality posthumously in 1999. Born in 1991, Ms. Shin obtained British nationality only after going through a separate reporting procedure, following Shin's acquisition of British permanent residency in 1995. It has been revealed that although his Korean nationality was automatically forfeited upon acquiring British citizenship, he failed to fulfill his obligation to report this fact. According to the Nationality Act, anyone who loses their Korean nationality must report the loss to the Minister of Justice. The act also stipulates that if a public official discovers that a person has lost their Korean nationality, they must notify the Minister of Justice of that fact without delay. A lawyer in Seocho-dong pointed out, "Even if the report of nationality loss was not filed, since the regulation is for reporting the loss of nationality retrospectively, there are absolutely no provisions for punishment such as administrative fines or penalties," but added, "Established administrative procedures must be observed." In response to Representative Park's inquiry regarding this matter, Candidate Shin's side replied, "Due to his long-term residence abroad, administrative processing such as the report of loss of Korean nationality remains incomplete, but we plan to finalize it soon." However, some observers point out that Candidate Shin could have completed the nationality loss reporting procedure when he was residing in Korea in 2010 while serving as the Presidential Advisor on International Economic Affairs. It has also come to light that, with the exception of Candidate Shin himself, all of his family members have chosen foreign citizenship rather than Korean citizenship, with his eldest daughter being the last to do so. His eldest son, born in 1995 after Candidate Shin obtained permanent residency in the UK, held British citizenship from birth and was exempted from military service after filing a declaration of renunciation of citizenship before turning 18. Candidate Shin's spouse, a U.S. citizen, was required to choose a nationality under the citizenship selection system but failed to do so, resulting in the automatic loss of Korean citizenship, which was subsequently reported in 2011. Meanwhile, Candidate Shin reported total assets of 8.24102 billion won under his and his family's names; however, the fact that approximately half of this amount—4.57472 billion won (55.5%)—consists of overseas financial assets and real estate foreshadows future controversy. Critics argue that it is inappropriate for a candidate for the Governor of the Bank of Korea—the head of the foreign exchange authority—to possess an investment portfolio where assets grow as the exchange rate rises. Representative Park stated, "The candidate's entire family holds U.S. and British citizenship and has renounced their Korean citizenship. Given that their assets are also centered overseas, it is questionable whether they can truly operate economic policies with national interests as their top priority." He added, "I am concerned about how the public will perceive the fact that the family and assets of the economic leader of the Lee Jae-myung administration are all located overseas." Reporter Kim Rae-hyun ([email protected]) https://t.co/h1BaD9MQWj @Breitbartnews @skynews @yahoonewstopics @livedoornews @Washtimes @gop @rightscopee @reuters @currentreport1 @prometheanactn @rt_com

Son steven

@Sonsteven1980

4 months ago

[🚨🚨Shocking #KoreaBreakingNews] #BankofKoreaGovernor #ShinHyunSong #Assets8.2BillionWon... 98% of #FinancialAssets are Overseas, https://t.co/Jz9r92Mkxq #ShinHyunSong Even His Daughter Holds Foreign Citizenship... Did Not Report 'Loss of Nationality' for 27 Years Furthermore, Shin Hyun-song’s British daughter is embroiled in controversy over ‘illegal reissuance of Korean passport’... Despite the fact that she used it illegally even when leaving the country, #LeeJaeMyung ultimately appointed Shin Hyun-song as the #BankofKoreaGovernor. On the day of his inauguration, Shin Hyun-song only apologized for his 8.2 billion won in assets and his daughter's issues, did not resign, and emphasized CBDC. He is anti-American and pro-Chinese. Regardless of whether his family is in the U.S., the U.K., or any other country, please deport them and request an FBI investigation. ASAP On his first day in office, Shin Hyun-song pushed forward the #CBDC ‘#HanRiverProject,’ which critics viewed as a signal of tightening controls on digital finance. While the Lee Jae-myung administration previously blamed high exchange rates on individual investors purchasing overseas stocks, Governor Shin is reported to have revealed that more than half of his 8.2 billion won in assets is held in foreign currency. Amidst the government's criticism of multi-home ownership and the imposition of regulations on citizens, Governor Shin is also known to own three homes in Korea and overseas. In addition, suspicions have been raised regarding the potential for capital gains from purchasing an apartment in Gangnam and engaging in "gap investment." Furthermore, Governor Shin's daughter, who holds British citizenship, has been embroiled in controversy over allegations that she used an illegally reissued Korean passport for immigration purposes, and the entire family holds foreign citizenship. [Bank of Korea Governor Nominee Shin Hyun-song's Assets at 8.2 Billion Won... 98% of Financial Assets Overseas] It has been revealed that more than half of the assets of Bank of Korea Governor nominee Shin Hyun-song are held overseas. His financial assets are largely comprised of foreign currency. Concerns are being raised that this asset composition may create a potential conflict of interest with the duties of the Bank of Korea Governor, who oversees foreign exchange policy. According to the request for a confirmation hearing submitted to the National Assembly on the 5th, the total assets held by nominee Shin, his spouse, and his eldest son amount to 8.24102 billion won. When nominee Shin disclosed his assets in 2010 while serving as the Presidential Advisor on International Economic Affairs, he reported 2.22351 billion won; this figure has increased approximately fourfold over the past 16 years. Overseas assets accounted for 4.57472 billion won of the total assets, representing 55.5%. Notably, 98% of the 4.64708 billion won in financial assets (excluding real estate) was held overseas, indicating that the majority of financial assets consist of foreign currency. For nominee Shin himself, foreign currency deposits accounted for the largest share at 2.03654 billion won. He also held British government bonds worth 150,000 pounds (approximately 302.08 million won). His spouse reported 1.85692 billion won in foreign currency deposits, while his eldest son, a British national, reported 82.39 million won in foreign currency deposits and 28.61 million won in overseas stocks. The eldest daughter, who is married, was excluded from the asset disclosure requirements. Conversely, domestic financial assets accounted for a small portion, consisting of approximately 330 million won in bank and securities deposits, 44 shares of Samsung Electronics, and 1 share of LG Energy Solution. Regarding real estate, there are three homes, including both domestic and international properties. Candidate Shin owns the Donghyeon Apartment in Gangnam-gu, Seoul (1.509 billion won) and the D-Palace Officetel in Jongno-gu (1.8 billion won). His spouse jointly owned an apartment in Illinois, USA (284.94 million won) with their children. Candidate Shin has put the Jongno officetel up for sale and plans to liquidate the US apartment as well. After earning a degree in the UK, Candidate Shin has built a career abroad for approximately 44 years, serving as a professor at Oxford University, the London School of Economics (LSE), and Princeton University, as well as working for international organizations such as the Bank for International Settlements (BIS). Given this background, a high proportion of foreign currency assets is inevitable. However, the asset structure itself is expected to be a major subject of scrutiny during the confirmation hearing. This is because the majority of financial assets consist of foreign currencies, creating a structure where the value of assets in Korean won increases along with the rise in the exchange rate. Current Governor Lee Chang-yong has a relatively small proportion of foreign currency assets, accounting for approximately 5.5% of his total assets of 5.4526 billion won. Consequently, the confirmation hearing is expected to focus intensively on whether Candidate Shin will maintain his foreign currency assets, his plans for disposal, and measures to prevent conflicts of interest. Additionally, the fact that he is a multi-homeowner, possessing three properties in Korea and the United States, is also likely to become a major point of contention. Candidate Shin's spouse holds U.S. citizenship, while his eldest son, born in 1996, holds British citizenship. The eldest son did not fulfill his military service obligations due to renouncing his citizenship before the age of 18. The issue of his son's military service exemption could also become a subject of controversy during the confirmation hearing. The National Assembly must complete the hearing process within 20 days of receiving the request for a confirmation hearing. Considering that Governor Lee Chang-yong's term expires on the 20th of this month, the hearing is expected to be held no later than the middle of this month. Reporter Kim Won [email protected] https://t.co/Jz9r92Mkxq [[Exclusive] Even Shin Hyun-song's Daughter Holds Foreign Nationality... 'Loss of Nationality' Not Reported for 27 Years] [Seoul=Newsis] Reporter Kim Rae-hyun = It has been revealed that the eldest daughter of Bank of Korea Governor nominee Shin Hyun-song did not report to the Korean government for 27 years that she held British nationality. This means that all of Shin's family members, excluding Shin himself, hold foreign nationality rather than Korean nationality. According to data submitted by the Bank of Korea to People Power Party lawmaker Park Soo-young on the 8th, Shin's eldest daughter, Ms. Shin, acquired British nationality posthumously in 1999. Born in 1991, Ms. Shin obtained British nationality only after going through a separate reporting procedure, following Shin's acquisition of British permanent residency in 1995. It has been revealed that although his Korean nationality was automatically forfeited upon acquiring British citizenship, he failed to fulfill his obligation to report this fact. According to the Nationality Act, anyone who loses their Korean nationality must report the loss to the Minister of Justice. The act also stipulates that if a public official discovers that a person has lost their Korean nationality, they must notify the Minister of Justice of that fact without delay. A lawyer in Seocho-dong pointed out, "Even if the report of nationality loss was not filed, since the regulation is for reporting the loss of nationality retrospectively, there are absolutely no provisions for punishment such as administrative fines or penalties," but added, "Established administrative procedures must be observed." In response to Representative Park's inquiry regarding this matter, Candidate Shin's side replied, "Due to his long-term residence abroad, administrative processing such as the report of loss of Korean nationality remains incomplete, but we plan to finalize it soon." However, some observers point out that Candidate Shin could have completed the nationality loss reporting procedure when he was residing in Korea in 2010 while serving as the Presidential Advisor on International Economic Affairs. It has also come to light that, with the exception of Candidate Shin himself, all of his family members have chosen foreign citizenship rather than Korean citizenship, with his eldest daughter being the last to do so. His eldest son, born in 1995 after Candidate Shin obtained permanent residency in the UK, held British citizenship from birth and was exempted from military service after filing a declaration of renunciation of citizenship before turning 18. Candidate Shin's spouse, a U.S. citizen, was required to choose a nationality under the citizenship selection system but failed to do so, resulting in the automatic loss of Korean citizenship, which was subsequently reported in 2011. Meanwhile, Candidate Shin reported total assets of 8.24102 billion won under his and his family's names; however, the fact that approximately half of this amount—4.57472 billion won (55.5%)—consists of overseas financial assets and real estate foreshadows future controversy. Critics argue that it is inappropriate for a candidate for the Governor of the Bank of Korea—the head of the foreign exchange authority—to possess an investment portfolio where assets grow as the exchange rate rises. Representative Park stated, "The candidate's entire family holds U.S. and British citizenship and has renounced their Korean citizenship. Given that their assets are also centered overseas, it is questionable whether they can truly operate economic policies with national interests as their top priority." He added, "I am concerned about how the public will perceive the fact that the family and assets of the economic leader of the Lee Jae-myung administration are all located overseas." Reporter Kim Rae-hyun ([email protected]) https://t.co/h1BaD9MQWj @magavoice @cpac @fbi @whitehouse @ustraderep @rapidresponse47 @tenet_research @indopacom @IsraelMFA @MOSSADil @senategop @judiciarygop @EagleEdMartin @osint613 @dhsgov @imfnews @thejusticedept @cbp @statedept @cia

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