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Bernie Madoff haunts Korean institutional investors

Jame DiBiasio
The government is auditing the National Pension Service, as it examines every Korean institutional investor's international exposures for negligence or other shortcomings.
Bernie Madoff haunts Korean institutional investors

The Board of Audit and Inspection of Korea (BAI), a unit of the Blue House in Korea, is currently auditing the international asset exposures of the National Pension Service (NPS) and other institutional investors and financial groups.

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