[2020 National Audit] Jung Young-chae "Optimus Fund Fraud Identified Just Before Prosecutor's Report"

[Asia Economy Reporter Minji Lee] Jung Young-chae, CEO of NH Investment & Securities, claimed regarding the Optimus scandal that "I knew there was fraud just before the prosecution's indictment, and I have never had any contact with those involved in Optimus."

Jung Young-chae, CEO of NH Investment & Securities, appeared as a witness at the National Assembly's Financial Services Commission hearing on the 13th, responding to lawmakers' questions during the audit of the Financial Supervisory Service. Photo by Yoon Dong-joo doso7@

On the 13th, during the National Assembly's Political Affairs Committee audit, Jung responded to the question from Seong Il-jong, a member of the People Power Party, asking, "Have you ever met anyone related to Optimus, and when did you realize it was a fraud?"

He emphasized, "I have never met former Deputy Prime Minister Lee Hyeon-jae, lawyer Yoon Seok-ho who is a director of Optimus, nor his wife, lawyer Lee Jin-ah, who is one of the shareholders of Optimus."

In response to Seong's question about whether he knew that the Optimus fund was sold as the "CEO's interest" among internal employees, he drew a clear line, saying, "I had no idea."

He explained, "I recently heard such stories and held an emergency internal meeting," adding, "We have not yet fully grasped the details internally."

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