Prosecutors Indict One Former Employee of National Pension Service Alternative Investment Team for Marijuana Use; Three First-Time Offenders Receive Deferred Prosecution...

Fund Management Headquarters of the National Pension Service, Deokjin-gu, Jeonju-si, Jeollabuk-do.
[Image source=Yonhap News]

[Asia Economy Reporter Choi Seok-jin] The prosecution indicted one of four former employees of the National Pension Service Fund Management Headquarters who were under investigation for marijuana use, while issuing a suspension of indictment for the remaining three.

On the 29th, the Jeonju District Prosecutors' Office announced that it had indicted former chief fund manager A, who was in charge of alternative investments at the National Pension Service Fund Management Headquarters, on charges of violating the Narcotics Control Act.

The prosecution issued a conditional suspension of indictment for the three former fund managers who were also accused of marijuana use.

For these three individuals, based on the deliberation results of the Prosecutor's Citizen Committee and drug addiction tests, the suspension of indictment was conditioned on completing recidivism prevention education.

A representative from the Jeonju District Prosecutors' Office stated, "Since the three are first-time offenders, it was decided to suspend indictment only this time."

A, who is known to have a prior record of similar offenses, is suspected of purchasing 12 grams of marijuana through social networking services (SNS) between February and June last year and using it six times in total.

The other three are also reported to have gathered at A's house after work hours and smoked marijuana together at least once.

In detailed tests including urine and hair analysis, three out of the four tested positive for narcotics.

The National Pension Service conducted an internal audit last July, confirmed these facts, and reported A and others to the police. They also held a disciplinary committee and dismissed all four employees.

In particular, the fact that these four, including A, worked in the alternative investment team responsible for generating profits by investing in non-financial assets such as stocks and real estate with the public's pension funds caused a shock.

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