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00:00:01
>> The chairman of Korean Air has been indicted for embezzlement, becoming the latest member of his family to be hit by a scandal. Prosecutors on Monday said Cho Yang-ho pocketed more than $17 million in commission after setting up a trading company to broker deals, ranging from aircraft equipment to duty-free goods.
00:00:21
South Korea's powerful family-run conglomerates, or Chaebol, have found themselves under the microscope ever since President Moon Jae-in came to power vowing to crack down on corruption. Other big players have also been brought up on charges including a top executive at
UNKNOWN]
Group and the defacto head of Samsung.
00:00:40
Also on Monday, Korean air heiress, Emily Cho, the chairman's youngest daughter, was cleared of all charges after she allegedly threw a drink at two people in a business meeting in April. Cho's eldest daughter also made headlines around the world when she demanded a Korean Airlines plane return to its gate in New York because she didn't like the way she was served nuts in first class.
00:01:02
She was jailed in 2014. In May, Cho's wife was questioned by police after allegations of abuse towards construction workers. Over the years the family's string of scandals have sparked protests against management at the company, calling for them to step down over their bad behavior.