Korean Air chairman questioned on suspicion of embezzlement

Korean Air's chairman apologised Thursday before being questioned by prosecutors investigating alleged wrongdoing by him and his family, deepening woes at the airline. Cho Yang-ho, chair and CE of Korean Air Lines, said "sorry" and bowed his head before entering a Seoul prosecutors' office. He said he will fully collaborate with the investigation. Cho joins his wife and 2 daughters who were questioned by authorities since April on a variety of charges including tax evasions, obstruction of business and violating an immigration law. Cho is suspected of embezzlement and breach of trust. Local media said prosecutors are also looking into Cho's alleged evasion of inheritance taxes when he received millions of dollars in assets from his late father and founder of Korean Air's parent group. <br/>