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NPS exposure to Japanese ‘war crimes companies’ reaches W1.57tr: lawmaker
NPS exposure to Japanese ‘war crimes companies’ reaches W1.57tr: lawmaker
MoneySept 19, 2021
The National Pension Service, Korea‘s largest public pension scheme, has 1.57 trillion won ($1.33 billion) exposure to stocks of what was labeled as “war crimes companies” during the World War 2, data showed Sunday. NPS was directly investing some 880 billion won in companies suspected to have contributed to Japanese ruling of the Korean Peninsula during Korea’s colonial era as of February, according to data compiled by the ruling Democratic Party of Korea‘s lawma