By Lee Kyung-min
Hanjin Group Chairman Cho Yang-ho was questioned, Wednesday, over an allegation that he used company funds to pay the salary of security guards at his home.
It was the second time the chairman has been questioned by law enforcement agencies this year, following the first by the prosecution in June over tax evasion allegations. He avoided arrest at the time as a local court rejected the prosecution's request for a warrant.
Before entering the Seoul Metropolitan Police Agency building, Cho declined to comment about how he felt about the summons, only saying it was not an appropriate time for him to speak about the issue.
"I will sincerely answer the questions of the police officers," he said.
Cho is suspected of having used the fund of a group affiliate, Jungseok Enterprise, to pay a security agency which provided security services at Cho's home, an act police say could constitute breach of trust.
The questioning followed a months-long investigation following a tip that the agency signed a contract with Jungseok but sent the guards to Cho's home.
Police earlier seized bank account information to track financial transactions between the companies and questioned 32 people involved. They also searched the headquarters of Jungseok located in the same building with Hanjin Group in April.
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