Corruption scandal sees Hanjin Shipping’s headquarters raided
Seoul: A corruption scandal in Korea saw the offices of Hanjin Shipping raided today. Korean newswire Yonhap reports that investigators took documents and computer discs from the shipping line as well as Korean Air Lines and Hanjin Group.
Representative Moon Hee-sang, former head of the major opposition New Politics Alliance for Democracy, stands accused of asking Korean Air chairman Cho Yang-ho to offer a job to his brother-in-law in 2000. The relative was taken on at Bridge Warehouse, an American firm linked with Korean Air, where he received a $740,000 annual salary.
Moon belonged to a parliamentary committee overseeing the airline industry at the time, the prosecutors said, adding that Moon and Cho are high school alumni.
The Cho family set up the Hanjin Group which went on to establish the airline, the shipping line as well as a shipyard and a number of logistics companies.