Minister Jinyoung of the Ministry of the Interior and Safety Invested 500 Million Won in Optimus under His Own, Spouse's, and Son's Names... Democratic Party Lawmaker Also Invested
On September 21, Jin Young, Minister of the Ministry of the Interior and Safety, announced the results of the "2nd National Intelligence Service, Prosecution, and Police Reform Strategy Meeting" at the Government Seoul Office Joint Briefing Room. Photo by Joint Press Corps
View original image[Asia Economy Reporter Choi Seok-jin] Jin Young, Minister of the Ministry of the Interior and Safety, was revealed to have invested several hundred million won in the Optimus Fund under his own and his family's names.
It was also confirmed that among the Optimus investors, there are members of the National Assembly from the Democratic Party of Korea.
According to the list of Optimus Fund beneficiaries obtained by KBS on the 15th, Minister Jin invested a total of 50 million won, including 10 million won under his own name in February, and 20 million won each under the names of his spouse and eldest son.
Minister Jin's family subscribed to a product through NH Investment & Securities, the largest seller of the Optimus Fund, which invested in domestically issued bonds and corporate public institution fixed revenue bonds. The fund had a 6-month maturity with a target yield of around 2.8%.
Minister Jin stated through the Ministry of the Interior and Safety's spokesperson office, "I was recommended and invested through the NH Investment & Securities branch I have been dealing with for a long time, and suffered a large loss due to the suspension of redemption."
It was also revealed that among the Optimus Fund subscribers, there is a member of the National Assembly belonging to the Democratic Party's Planning and Finance Committee. The lawmaker invested 10 million won last year but redeemed it and received back the principal and profits.
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In a document titled "Fund Defect Healing Related" written by Kim Jae-hyun, CEO of Optimus, in May, it was stated that "government and ruling party officials who helped resolve conflicts with former Optimus CEO Lee Hyuk-jin are participating as project beneficiaries," which has now been confirmed as true.
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