Police Investigate National Pension Service Employees on Marijuana Smoking Charges

[Asia Economy Reporter Lee Gwan-ju] Employees of the National Pension Service Fund Management Headquarters are under police investigation for drug use allegations.

According to the police on the 18th, the Jeonbuk Provincial Police Agency has booked and is investigating four individuals without detention, including Chief Portfolio Manager A and former Portfolio Manager B, who are in charge of alternative investments at the Fund Management Headquarters, on charges of smoking marijuana (violation of the Narcotics Control Act).

It is known that they appeared once for police questioning and then returned home. The police have requested hair tests from the National Forensic Service to confirm marijuana use. It has been reported that urine tests came back negative.

The National Pension Service detected their marijuana smoking, reported them to the police, and excluded all from work. Subsequently, an internal audit was conducted, and on the 9th, a disciplinary committee was held, resulting in the dismissal of all four portfolio managers.

As of the end of June, the National Pension Service manages funds totaling 752.2 trillion won. Among these, the assets of the alternative investment division, to which the involved portfolio managers belong, amount to 90.5 trillion won, accounting for 12% of the total.

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