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Brother-in-Law of Controversial ROK Justice Minister Invested in Company Tied to Evading North Korean Sanctions

ROK Drop favorite Dr. Tara O has the latest news on yet another scandal involving family members of Justice Minister Cho Kuk:

Cho Kuk’s wife also lent her brother Jeong Kwang-bo ₩300 million ($262,000) on February 28, 2017, after which Jeong Kwang-bo bought 250 shares of Co-Link Private Equity worth ₩500 million ($345,000) on March 9, 2017.  Co-Link and China’s Jiangsu Province Huakun Science and Technology Development (public) Corporation (장쑤성 화군과학기술발전유한공사와) also signed an agreement on April 28, 2016 to invest ₩600 billion ($525 million) in Co-Link.

Jeong Kwang-bo, was also the managing director of Bona Systems Company [(주)보나시스템].  One of Bona Systems’ subsidiaries is Dongchin Shipping (동친해운), which is suspected of being involved in transporting North Korean coal. 

East Asia Research Center

You can read much more at the link, but Cho Kuk I would think would just claim he did not know about this and push the blame on his family members. Even if he didn’t know about this could these family members think they can get away with such schemes simply because of Cho Kuk’s connections to the Blue House?

Finally could you imagine how apocalyptic the Korean left would be if former President Park Geun-hye had closer advisors involved in scandals like this?