Hanjin chief borrowed money from man at center of corruption scandal, but no illegality found: sources
Social affairsJan 21, 2022
Prosecutors have found Cho Won-tae, chairman of Hanjin Group and Korean Air, borrowed and repaid 3 billion won ($2.5 million) from a man at the center of a far-reaching development corruption scandal but concluded there was no illegality in the transaction, sources said Friday. The transaction was detected as the Seoul Central District Prosecutors Office looked into bank accounts of Kim Man-bae, who is at the center of the corruption scandal involving a lucrative apartment development project i