Tag: corruption

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?

Picture of the Day: Yonsei University Students Protest ROK Justice Minister

Protests against justice minister
Protests against justice ministerStudents and alumni of Yonsei University hold a candlelight vigil on the school’s campus in Seoul on Sept. 19, 2019, calling for the resignation of Justice Minister Cho Kuk over corruption allegations involving his family members. The rally took place simultaneously with similar protests at Seoul National University and Korea University in the capital. (Yonhap)

Cho Kuk’s Cousin Arrested as Part of Corruption Probe

Prosecutors seem to be acting quick to get to the bottom of the corruption surrounding President Moon’s new Justice Minister, Cho Kuk:

Cho Kuk

Prosecutors on Saturday arrested a cousin of Justice Minister Cho Kuk at the center of corruption allegations surrounding Cho and his family’s investment in a private equity fund.

The cousin, also surnamed Cho, was arrested at Incheon International Airport earlier in the day on embezzlement charges, according to officials. 

After being transported to the Seoul Central District Prosecutors’ Office, the cousin is currently being interrogated, the officials said.

He is allegedly the de facto head of controversial private equity fund Co-Link PE. Co-Link invested 1.4 billion won ($1.17 million) in local company Wealth C&T, whose sales soared while Cho was serving as senior presidential secretary for civil affairs. 

Co-Link is also alleged to have falsely reported to the financial regulator that it received 7.4 billion won from Cho’s family for investment, despite the pledged amount being 1.05 billion won. 

The arrest came as prosecutors are widening their probe into the corruption allegations surrounding the justice minister.

Despite the allegations, coupled with suspicions regarding his daughter’s education, Cho was sworn in as justice minister on Monday and said that he will not interfere with the ongoing probe. He ordered the prosecution to conduct the investigation in a fair and strict manner.

Yonhap

Cho says he won’t interfere in the investigation when he already has.

Wife of ROK Justice Minister Nominee Indicted for Fraud, But Doesn’t Matter Cho Kuk Is Still Appointed

The ROK prosecutors tried to put some heat on Cho Kuk by indicting his wife for fraud:

Cho Kuk

The wife of justice minister nominee Cho Kuk was indicted on Friday over allegations that she fabricated a school certificate for her daughter.

The prosecution filed a formal charge against Cho’s wife, a professor surnamed Chung, without summoning her for its probe into a series of corruption allegations involving Cho’s family.

Chung, 57, a Dongyang University professor, was accused of forging a school president’s award certificate in 2012 to help her daughter enter a medical school in 2014.

The move is expected to deal a blow to Cho, who attended a parliamentary confirmation hearing Friday, nearly one month after he was nominated to lead the justice ministry.

Yonhap

You can read more at the link, but he had already thrown his wife under the bus before to advance his nomination.

It apparently worked because President Moon went ahead and appointed him to ROK Justice Minister as expected:

President Moon Jae-in (R) shakes hands with Justice Minister Cho Kuk before giving him a letter of appointment at Cheong Wa Dae on Sept. 9, 2019. (Yonhap)

President Moon Jae-in appointed Cho Kuk as justice minister Monday, emphasizing the need to continue the government’s reform drive.

He appealed for “public understanding and support” for his decision to appoint Cho despite controversies over alleged ethical lapses and wrongdoing by his family. Cho’s wife has even been indicted on charges of forging a university president’s citation for her daughter.

Moon said he’s aware of the fierce debate over whether Cho is suitable for the post.

“But I thought what’s more important is to maintain the principle and consistency,” Moon said in a televised statement issued after giving Cho a letter of appointment at Cheong Wa Dae.

It would be a “bad precedent” to not appoint Cho solely on the basis of suspicions of illicit acts that have not been confirmed, Moon said.

Yonhap

Over the coming weeks expect to hear the term “reform” quite a bit because President Moon wanted Cho Kuk as the Justice Minister to take power away from prosecutors for corruption investigations. President Moon wants to move indictment powers from prosecutors to a special unit. If this special unit is staffed with political allies like Cho, this would allow the Blue House to control who gets indicted.

ROK Justice Minister Apologizes and Blames Wife for Corruption Allegations

Here is what came out of the ROK Justice Minister confirmation hearings. He essentially denied all the corruption claims and if any did happen they were his wife’s fault:

Cho Kuk

Justice Minister nominee Cho Kuk denied he had any part in alleged corruption involving his family during a confirmation hearing Friday, as political parties wrangled over his suitability for the post.

Cho repeatedly apologized to the public for the allegations that have caused public disappointment and uproar, but he also expressed his unwavering commitment to carrying out reform of the prosecution.

“For the reform, I think that a proper candidate for justice minister should have no experience serving as a prosecutor. If not, the person cannot help representing interests of the prosecution,” Cho told lawmakers.

Cho, a former senior presidential secretary for civil affairs, was bombarded with questions by lawmakers over his supposed ethical lapses linked to suspected corruption involving his family.

Yonhap

Here is where new allegations have surfaced and he blamed his wife:

During the hearing, lawmakers mainly bickered over fresh allegations that Cho’s spouse may have fabricated a school award for her daughter.

Cho’s wife, a Dongyang University professor surnamed Chung, faces allegations that she may have forged the dean’s award certificate in 2012 to help the daughter enter the PNU medical school in 2014.

The award was allegedly given in recognition of volunteer work at the school’s English education center for children from rural villages in Yeongju, 230 kilometers southeast of Seoul. Chung later became the chief of the center.

Dongyang University Dean Choi Sung-hae said Thursday that Chung asked him to say he had entrusted her with the authority to issue the dean’s award certificate. His remarks spawned speculation that Chung may have attempted to destroy evidence.

Choi told Yonhap News Agency that Chung put her husband on the phone with him and he was pressed by Cho to make a false statement on the forgery allegations against Chung.

Cho acknowledged that he spoke by phone with Choi, but dismissed claims that he might have exerted pressure on the chief.

“I told Choi that I am sorry (about the row) and asked him to reveal the truth as it is,” Cho said.

“If my wife committed (the alleged forgery), she should have to take legal responsibility, as everybody is equal before law,” he noted.

Look how brazen Cho is that he knows he is under intense scrutiny, but still gets on the phone to pressure a witness before his confirmation hearing and then blames his wife for anything illegal that may have happened.

He knows just like other corrupt Moon administration officials that he will get appointed and the public flogging he is taking now will be quickly forgotten by a largely Blue House controlled news media.

ROK Justice Minister Nominee Denies He is Corrupt

Cho Kuk is pretty trying to claim that he knew nothing of the corruption involving his family members:

Justice minister nominee Cho Kuk holds a press conference at the National Assembly on Sept. 2, 2019, to clarify corruption allegations involving his family. (Yonhap)

Cho Kuk, the embattled justice minister nominee, denied academic-related allegations over his daughter and a dubious investment in a private equity fund (PEF), as he sought to clarify corruption scandals involving his family on Monday.

Cho, former senior presidential secretary for civil affairs, held a press conference at the National Assembly to address the scandals as the hearings set for Monday and Tuesday have effectively fallen through amid political wrangling.

Cho is the focus of public outcry over alleged corruption involving his family, including the suspected undue entrance by his daughter into an elite university and a hefty dubious investment in the PEF.

His daughter was listed as a primary writer of a pathology paper published in a renowned medical journal when she took part in a two-week internship at a medical science institute in 2008 as a high school student. Critics speculate that he may have been involved in her listing and that the paper might have helped her gain admission to Korea University in 2010.

“I did not know the detailed process (about my daughter being listed as the first writer for the paper) at that time, and I’ve come to identify the allegation during the latest verification process,” Cho said.

Cho dismissed allegations that he had contacted a professor to enable his daughter to receive preferential treatment. (……)

The nominee, meanwhile, flatly denied allegations over the PEF investment by his family.

His wife faces allegations that she sought to evade the gift tax after she invested over 1 billion won (US$865,765) in the PEF with her two children.

Cho’s family promised to invest the money that is larger than its total wealth in the PEF two months after Cho was named as senior presidential secretary for civil affairs in May 2017.

The fund bought a firm that produces automatic switches for streetlamps, which later secured hundreds of orders issued by the government and saw an increase in sales.

Yonhap

You can read more at the link, but the opposition lawmakers have backed down from demanding his family members testify during this confirmation hearing. Also if you can believe it, Cho is going around preaching that the ROK needs a fair and just society and called for the need to eradicate social ills committed by the privileged when he is part of the problem.

With that all said it appears that Cho will be appointed by President Moon which means he can squash any investigation into his family.

Ruling Party Does Not Want Cho Kuk’s Family Members to Testify About Corruption Allegations

The Moon administration is continuing to try and push Cho Kuk into the powerful Justice Minister position despite the corruption allegations:

Kang Gi-jung, senior Cheong Wa Dae secretary for political affairs, holds a press briefing on Aug. 30, 2019. 

Cheong Wa Dae on Friday ratcheted up pressure on the National Assembly to hold a confirmation hearing for the justice minister nominee, frustrated by a political dogfight over the issue.

Cho Kuk, a law professor who served as senior presidential secretary for civil affairs, is at the center of intensifying bickering between ruling and major opposition parties.

Three weeks earlier, President Moon Jae-in nominated Cho to be the new justice minister amid his drive to reform the state prosecution.

Cho, however, has faced harsh political attacks and public condemnation over a host of scandals, including suspicions about his daughter’s entry into coveted schools in South Korea and dubious investment in a private equity fund (PEF) by Cho and his family members.

Political parties have agreed to open a two-day hearing next Monday but failed to reach a deal on details, including the list of witnesses.

The main opposition Liberty Korea Party (LKP) says the nominee’s wife and other family members should testify in parliament as well.

The ruling Democratic Party is opposed to the call, stressing that it’s enough to give Cho an opportunity to explain the scandals.

Yonhap

You can read more at the link, but obviously the ruling party does not want Cho Kuk’s family members to testify because there is no way to explain away the alleged corruption involving his daughter.

This whole Cho Kuk nomination shows how committed the Moon administration is towards changing the ROK Constitution to make it easier to form a confederation with North Korea and allow President Moon to run for a second term. Moon’s close friend Cho Kuk becoming the Justice Minister is part of this strategy.

After his confirmation the next part of their strategy will be increasing their hold in the National Assembly in the 2020 elections to facilitate changing the ROK Constitution. This is why the Moon administration needs to continue to play the anti-Japan card and depending how things go with North Korea, we may even see the anti-US card played as well leading up to the election.

Prosecutors Conduct Raids Searching for Evidence of Corruption By ROK Justice Minister Nominee

How come I feel this is just a big dog and pony show to help smooth the way towards Cho Kuk nomination approval next week?:

Investigators search an office of Kongju National University in Gongju, South Chungcheong Province, Tuesday, as part of the prosecution’s investigation into allegations surrounding justice minister nominee Cho Kuk. / Yonhap

The prosecution began investigating allegations surrounding justice minister nominee Cho Kuk and his family, Tuesday, carrying out large-scale search and seizure raids on a dozen schools and other facilities linked to the suspicions.

According to the Seoul Central District Prosecutors’ Office, investigators conducted searches at Busan Medical Center, and Seoul National (SNU), Korea, Dankook and Kongju National universities for evidence related to the allegations of preferential treatment given to Cho’s daughter in her college admissions and receipt of scholarships.

The law enforcement agency also sent investigators to a private equity firm that Cho made a huge investment in amid suspicions that he tried to transfer his wealth to his children without paying taxes; as well as a private school foundation run by his mother. 

Currently, 11 complaints have been filed with the prosecution regarding the scandal. 

“As public concern has been raised over the allegations against Cho, we decided to conduct the raids to clarify the facts,” a prosecutor said.

Korea Times

You can read more at the link, but would anyone be surprised if the Blue House announces that these raids produced no evidence thus Cho’s nomination should be approved next week.

Picture of the Day: Students Protest Justice Minister Nominee

University students hold flashlight vigil
University students hold flashlight vigil Korea University students and parents’ group leaders hold a flashlight vigil using their mobile phones at the school’s main campus in Seoul on Aug. 23, 2019. The participants are calling for a probe into allegations that justice minister nominee Cho Kuk’s daughter was admitted to the university unfairly. Allegations involving illicit admissions triggers a strong public response since getting into a good school could literally determine a person’s future. (Yonhap)