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The 180 Trillion Won National Pension Loss and Jeong Eun-kyeong

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They say 180 trillion won in National Pension valuation has vanished.
When managing the fund, the National Pension Service is legally required to invest specific percentages in the domestic market, US market, etc.
They perform something called 'rebalancing' to restore the original ratios if the investment percentage becomes excessive.
In an attempt to boost stock prices, the National Pension Service held too much in the domestic market and failed to rebalance during the market crash.
Originally, they should have sold half of their domestic market investments in early summer and invested elsewhere.
The person in charge of the National Pension is Jeong Eun-kyeong, the Minister of Health and Welfare.
If left alone, she probably would have rebalanced like a proper civil servant, but it seems 'someone' blocked it.
There is a strong possibility of future investigations and prosecutions regarding the National Pension losses.
During the Park Geun-hye state affairs scandal, the Minister of Health and Welfare was prosecuted for causing National Pension losses to facilitate Lee Jae-yong's succession at Samsung.
There is a possibility that Jeong Eun-kyeong will also be prosecuted in the future, and if prosecuted, Jeong Eun-kyeong and 'someone' will shift the blame to each other.
Jeong Eun-kyeong, who was a national hero during President Moon Jae-in's administration,
might end up going to prison because of President Lee Jae-myung.

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