South Korean police are seeking an arrest warrant for Cho Yang-ho, chairman of Hanjin Group, the parent of Korean Air Lines Co Ltd, on charges of breach of trust following their probe into construction work at his house, a police official said on Monday.
In July, police raided the headquarters of Korean Air Lines, South Korea`s top airline, as part of an investigation into allegations that company funds were used to pay for the renovation work at Cho`s home.
A Korean Air spokesman declined to comment.
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