Korea's NPS chairman in row with ministry
Choi Kwang has refused to resign after being accused of overstepping his remit. He has reportedly opposed government plans to turn the pension fund's investment office into a state corporation.
A war of words seemingly triggered by government plans to turn the investment office of Korea’s National Pension Service into a state-run corporation has spilled into the public domain, exposing divisions in the halls of power.
At the heart of the dispute lies NPS chairman Choi Kwang and health and welfare minister Chung Chin-youb. The media has reported increasingly acrimonious differences of opinion between the two.
The situation has emerged just days before the $418 billion p…
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