[Seoul] Guro-gu Mayor Moon Jae-il Resigns from 'Stock Blank Trust'

Mun Moon-il, the head of Guro-gu District Office in Seoul, will step down from his post after about two years in office.Mayor

Moon announced his resignation and said he would like to step down from his position, adding that he is very sorry and sorry that he cannot keep his promise with the residents.

The court then recently made a final ruling that there was a work link between the company where he was a shareholder and the head of the district office, adding that it was a very regrettable and heartbreaking decision.

As the Supreme Court recently decided to dismiss an administrative lawsuit related to Mayor Moon's blank trust in stocks, it seems that Mayor Moon decided to resign on his own instead of a blank trust.

As a result, Guro-gu will operate under the acting head of the deputy head of the district, Um Eui-sik, and the by-election for the head of Guro-gu will be held in April next year.

Earlier in March last year, the Stock Bag Trust Review Committee decided to trust Moon's 17 billion won worth of Moon engineering stocks in conflict with the work of public officials.