Seoul Metropolitan Police Agency Special Investigation Unit Raids Hanjin Kal over 'Shareholding Contribution to Welfare fund'... on Charges of Breach of Trust
5 Articles
5 Articles
The police raided Hanjin KAL, the holding company of Hanjin Group, which owns Korean Air as an affiliate, and others. The Seoul Metropolitan Police Agency's Financial Crimes Investigation Unit (headed by Chief Cho Dae-hee) announced on the 7th that it recently raided Hanjin KAL and others on suspicion of violating the Capital Market Act. Previously, in May of last year, the civic group Committee for People's Livelihood Measures [claimed] that "t…
(Seoul = Yonhap News) Reporter Yoon Min-hyeok = The police have launched a forced investigation into Hanjin Group's holding company, which owns Korean Air, and Hanjin KAL.
The Seoul Metropolitan Police Agency’s Financial Crimes Investigation Unit raided Hanjin Kal on suspicion of embezzlement and violations of the Capital Markets Act by Chairman Cho Won-tae and CEO Ryu Kyung-pyo. This action comes one year after a civic group filed a complaint, and the core of this investigation is to determine the illegality of Hanjin Kal’s act of contributing 66.3 billion won worth of treasury shares to the employee welfare fund…
[Digital Daily Reporter Yoon Seo-yeon] As Hoban Group closes the gap with Hanjin Group Chairman Cho Won-tae's faction by securing over 20% of Hanjin KAL's shares, Japan Airlines (JAL) is drawing attention as a new shareholder. With the share gap between Chairman Cho's faction and Hoban Group standing at a mere 0.42%, the addition of Korean Air's global partner as a Hanjin KAL shareholder has led to speculation that the competition for managemen…
The police have launched a forced investigation into allegations that Hanjin KAL, the holding company of Hanjin Group, utilized company assets worth 66.3 billion won to defend its management rights. According to the police on the 7th, the Financial Crime Investigation Unit of the Seoul Metropolitan Police Agency's Regional Investigation Division conducted a search and seizure operation at Hanjin KAL's headquarters and other locations last week o…
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