And no one took responsibility

Korean Alpha EN (@korean_alpha_en), Aug 8, 2026, 10:24 UTC

And no one took responsibility At the Fund Committee, government ministries consistently pushed for expansion of the allowable scope. Kim Yong-beom, then 1st Vice Minister of Strategy and Finance (currently the head of the Blue House Policy Office), who generally did not attend the Fund Committee, attended the 3rd meeting and pushed for plan 1, which had the largest increase (±3.5%p), saying, “The risk of non-participation in structural change is much greater,” and “We need to normalize the benchmark that has been operated rigidly for 10 years since 2011.” The cost of the ‘violation of princ…

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