SACRAMENTO — A suspended official with the nation's largest public pension fund has quit after being linked to an alleged bribery scandal involving a former board member.
An attorney for senior investment officer Leon Shahinian says he left Thursday for a private sector job.
Shahinian has been on paid leave since May, when his name surfaced in a state lawsuit.
Former board member Alfred Villalobos and former CEO Fred Buenrostro are accused by Attorney General Jerry Brown of setting up a system of kickbacks ensuring that outside firms won a piece of the fund's lucrative portfolio.
Shahinian is not accused in the case, but Brown alleges Villalobos took Shahinian on an all-expenses-paid trip to New York. Shahinian later persuaded the board to invest $600 million with Villalobos' client.
Attorney Malcolm Segal says Shahinian followed board policy and did nothing wrong.
Copyright 2010 The Associated Press.