Hana Bank Issues Statement Regarding Optimus Fund Speculation Incident

Hana Bank "NH Investment & Securities Avoids Responsibility for Optimus Sales... Do Not Distort the Essence" Rebuttal View original image


[Asia Economy Reporter Kiho Sung] Hana Bank has rebutted NH Investment & Securities' announcement of plans to claim damages related to the Optimus fund investment fraud case, stating that it is an attempt to evade the responsibility of the seller and distort the essence of the issue.


On the 26th, Hana Bank expressed in a statement, "We deeply regret that NH Investment & Securities announced a plan to claim damages on the premise that the cause of the incident lies with our bank while revealing their compensation plan for investors," and added, "We plan to actively respond depending on future developments."


Hana Bank also refuted the responsibility claims raised by NH Investment & Securities point by point. Hana Bank stated, "The claims by NH Investment & Securities that our bank was at fault contradict objective facts and are an attempt to evade direct responsibility as the seller of the Optimus fund and to distort the essence of the problem." They further noted, "We would like to inform that we have complied with and faithfully fulfilled our duties as a custodian stipulated under the Capital Markets Act while performing the fund's custody operations."


On the 25th of this month, NH Investment & Securities held an extraordinary board meeting and decided to pay 100% of the principal amount totaling 278 billion KRW to 831 general investors of the Optimus fund. They also announced plans to file lawsuits for damages, including exercising subrogation rights against Hana Bank, the custodian bank, and Korea Securities Depository, the administrative management company.



NH Investment & Securities stated, "While we are proactively returning the principal to protect investors, Hana Bank, the custodian bank, and Korea Securities Depository, the administrative management company, also bear joint responsibility."


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

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