Korean Air Lines Co Ltd (003490.KS)
23 Jul 2018
SEOUL Korean Air Lines Chairman Cho Yang-ho appeared on Thursday at the prosecutor's office for questioning over allegations of tax evasion and other financial crimes, as South Korea's family-owned conglomerates face growing scrutiny.
* President Moon Jae-in pledged to curb power of 'chaebols' (Adds quote, colour, background, share moves)
SEOUL, June 28 Korean Air Lines Chairman Cho Yang-ho appeared on Thursday at the prosecutor's office for questioning on tax evasion and other charges.
* Police seeking arrest warrant for chairman's wife (Adds academic comments, context)
SEOUL Korean Air Lines Chairman Cho Yang-ho has stepped down from his post of co-chief executive at budget affiliate Jin Air , amid growing pressure on the members of the airline giant's controlling family to stay away from management.
SEOUL Jin Air Co Ltd , a budget affiliate of Korean Air Lines Co Ltd , saw its shares tumble as much as 9 percent on Wednesday on concerns it may lose its license over the board appointment of a non-Korean member of its controlling family.
* Investor sentiment hit since 'nut rage' sister scandal -analyst (Adds comments from transport ministry official, experts)
SEOUL Korean Air Lines Co Ltd Chairman Cho Yang-ho apologized on Sunday for the behavior of his two daughters and said they would immediately step down from their positions at the company. | Video
SEOUL, April 22 Korean Air Lines Co Ltd Chairman Cho Yang-ho apologised on Sunday for the behaviour of his two daughters and said they would immediately step down from their positions at the company.
SEOUL, April 22 Korean Air Lines chairman Cho Yang-ho said on Sunday his two daughters would immediately step down from their positions at the company.