South Korea prosecutor indicts NPS chief in political scandal probe

Reuters
The National Pension Service (NPS) Chairman Moon Hyung-pyo is summoned to the Independent Counsel Team in Seoul, South Korea, December 27, 2016. News1 via REUTERS

SEOUL (Reuters) - South Korea's special prosecutor on Monday indicted National Pension Service (NPS) Chairman Moon Hyung-pyo on charges of abuse of power and giving false testimony. The special prosecutor's office said in a text message it would provide further details in a regular briefing later on Monday. Moon was arrested in December after acknowledging ordering the world's third-largest pension fund to support the $8 billion merger last year of two Samsung Group affiliates while he was head of the health ministry, which oversees the NPS. (Reporting by Ju-min Park; Editing by Tony Munroe and Michael Perry)