President Moon orders a thorough investigation into the circumstances of public institutions' investments in Optimus

President Moon Jae-in is moving to the reception room after the credential presentation ceremony for new ambassadors to Korea at the Blue House on the morning of the 16th.

President Moon Jae-in on the 16th instructed, "Thoroughly investigate the circumstances under which public institutions such as the Korea Communications Agency invested in Optimus Asset Management's funds."

Kang Min-seok, the Blue House spokesperson, conveyed this during a briefing held at the Press Hall on the same day, stating, "Regardless of whether there were losses from the fund investments, the government must also examine ▲whether the decisions related to the investments were appropriate and ▲whether there were any shortcomings."

It has been reported that some public institutions invested in the fund related to the 'Optimus Asset Management Fund Fraud Case' worth about 1 trillion won, which is expanding amid large-scale political and governmental lobbying suspicions. Names such as Korea Electric Power Corporation, Korea Racing Authority, Korea Rural Community Corporation, and the Korea Communications Agency have been mentioned.

It was also confirmed that some ruling party figures, including Minister of the Interior and Safety Jin Young, suffered losses after investing large sums in Optimus Asset Management products.

According to the Ministry of the Interior and Safety, Minister Jin invested a total of 500 million won in the Optimus fund in February this year under his own name, his spouse's, and his son's. He subscribed 100 million won under his own name, and 200 million won each under his spouse's and eldest son's names.

The product subscribed to by Minister Jin and his family had a six-month maturity with a target yield of around 2.8%, and the investment targets were reported to be domestic issued bonds and public institution fixed revenue bonds of companies.

Minister Jin explained through the Ministry of the Interior and Safety spokesperson's office, "I invested after being encouraged by the NH Investment & Securities branch I have dealt with for a long time, saying it was 'better than deposit interest,' but suffered significant losses due to the suspension of redemptions."

Earlier, KBS reported that the list of investors in Optimus Asset Management's funds, which have been embroiled in political and governmental lobbying suspicions, included Minister Jin and members of the Democratic Party belonging to the National Assembly's Planning and Finance Committee.

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