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Yesterday (20th), KBS reported that financial authorities are investigating allegations that KB Securities concealed illegal activities of Lime Asset Management. However, there are suspicions that KB Securities has hidden the risks of products to PBs dealing with investors, namely private asset managers, while selling Lime Funds. We have a relevant recording.

Reporter Park Chan-keun's exclusive report.

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On the 17th, KB Securities called over 60 PB branches that sold the Lime Fund to headquarters to explain how to solve the Lime crisis.

Some Lyme-related funds sold by KB Securities are at risk of losing their entire investment.

This is the result of KB Securities' lending on the assets of the Lime Fund and using a lot of commissioned gross profit swaps, or TRS.

This is because securities firm TRS funds are recovered before general investor money.

The complaints from the PBs also centered here.

[KB Securities Lime Fund Sales Staff: TRS There is no (documentation) that this is a priority for customers. None of the PBs told their clients that TRS would go first. We are, strictly speaking, incomplete sales.]

KB Securities provided KRW 127.1 billion in funds to Lime.

Others admit that the emphasis is on safety rather than on account of investment risk.

[KB Securities Head Officer: (In the proposal) 'It is said that we will diversify into stable profits through these products, including fixed rate bonds.' Ultimately, we also did wrong… .]

It is suspected that some PBs did not neglect product descriptions for performance and greed, but encouraged incomplete sales by providing poor fund information at the headquarters level.

KB Securities fully informed about the risks, including the possibility of loss of principal of the commodity, and explained that the PBs would have been implicitly aware that TRS recovery was a priority.

(Video coverage: Kim Nam-sung, Video editing: Kim Jong-tae, CG: Han Heung-su, Kim Kyu-yeon)