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Hanjin Group

September 7, 2016

Prosecutors to question Lotte Group founder; Hanjin chairman pledges $36 million to resolve shipping cargo crisis; and Comcast focus of anti-monopoly investigation after Dreamworks acquisition

Prosecutors to question Lotte Group founder

State prosecutors in South Korea will visit Lotte Group founder Shin Kyuk ho to assess his health condition and decide how best to question the 93-year-old on allegations of tax evasion.

The Lotte Group has been accused of running slush funds worth at least 56 billion won ($50 million) at Lotte Engineering and Construction and restricting business opportunities to the group’s affiliates, according to Korea Joongang Daily.

December 10, 2014

The third-gen vice president of Korean Air has resigned after she delayed one of its flights because an air steward served her macadamia nuts in a bag, rather than on a plate.

The third-gen vice president of Korean Air has resigned after she delayed one of its flights because an air steward served her macadamia nuts in a bag, rather than on a plate.

Heather Cho, 40, is the eldest daughter of Cho Yang Ho, who is chairman of the airline, and its parent company Hanjin Group.

In a flight from New York on 5 December, Cho berated a junior steward for the way he had presented the nuts, and insisted the plane taxi back the terminal so he could be removed from the flight.

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