National Police Agency and Jangbaljang Bank Sign MOU to Support 'Socially Vulnerable Groups'

[Asia Economy Reporter Lee Gwan-ju] On the morning of the 25th, the National Police Agency and 'Jangbaljang Bank' signed a 'Memorandum of Understanding for the Realization of People-Centered Restorative Justice' at the National Police Agency building in Migeun-dong, Seodaemun-gu, Seoul.

Through this agreement, both organizations agreed to mutually cooperate on ▲ promoting the support contents of Jangbaljang Bank and the systems of the Minor Crime Review Committee and the Guidance Review Committee ▲ discussing legal assistance measures for socially vulnerable groups such as minor and juvenile offenders ▲ exchanging opinions on building a social safety net for socially vulnerable groups.

Jangbaljang Bank is a project operated by the Human Rights Solidarity to change a world where 'poverty is a crime,' named after the protagonist Jangbaljang from Victor Hugo's novel Les Mis?rables. It lends up to 3 million won without collateral or interest to minor heads of households, minors, recipients under the Basic Livelihood Security Act, and lower-income classes who have been sentenced to fines but cannot afford to pay and thus face imprisonment.

Min Gap-ryong, Commissioner of the National Police Agency, said, "As the role of the police has expanded due to the adjustment of investigative authority, we will do our best to realize people-centered 'restorative justice' at the initial police investigation stage."

Hong Se-hwa, President of Jangbaljang Bank, said, "I am pleased to hold a meaningful event with the National Police Agency on the 5th anniversary of the establishment of Jangbaljang Bank," adding, "Since the 'income and property-linked fine system' can be introduced without legal amendments, the proactive attitude of the prosecution and courts will be an opportunity to reduce the 'Jangbaljangs' of our time."

This content was produced with the assistance of AI translation services.