Lee Eog-weon, the nominee for chairman of the Financial Services Commission (FSC), is facing a series of qualification controversies ahead of his confirmation hearing, including earning billions of won from multiple corporate board memberships after retiring as vice minister of economy and finance, according to opposition lawmakers Friday. Other issues include his failure to pay income and local taxes on time and reaping huge gains from a redevelopment investment. Lee, who previously served as the first vice finance minister, was nominated on Aug. 13 as the first chairman of the country’s top financial regulator under the Lee Jae Myung administration, with his confirmation hearing scheduled for Tuesday. Rep. Choo Kyung-ho of the main opposition People Power Party (PPP) revealed that the nominee failed to meet the deadline for paying his 2020 income and local taxes, only making the payments after being nominated as FSC chief. Records obtained by Choo showed that Lee settled 760,140 won ($547) in income tax and 81,440 won in local income tax on Aug. 17, four days after his nomination, al
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