South Korean prosecutors seek arrest warrant for Korean Air chairman

South Korean prosecutors issued an arrest warrant Monday for Korean Air chairman Cho Yang-ho for charges of inheritance tax evasion and embezzlement, among others. Cho was summoned for a 15-hour questioning last week over such allegations at the Seoul Prosecutors' Office. He has been under probe over suspicion that he evaded taxes for more than US$45m in his inheritance of overseas properties. Cho is also accused of paying his lawyer's fee from the company budget when his daughter Cho Hyun-ah, then the Korean Air VP, was under trial over the notorious "nut rage" incident in 2014. He also allegedly paid another lawyer's fee with the company fund when he was being investigated over a scandal, in which he received an unfair request to hire a lawmaker's relative in 2015. <br/>