≡ Top Nuclear Envoy To Discuss N. Korea With Chinese Counterpart
South Korea's top nuclear envoy Lee Do-hoon is meeting with his Chinese counterpart in Beijing today to discuss joint efforts on the denuclearization of the Korean Peninsula.
Lee will meet Chinese Vice Foreign Minister Luo Zhaohui who took the post in May.
The two are expected to exchange views on the current situation on the peninsula as well as measures to ramp up bilateral cooperation in facilitating the stalled dialogue between North Korea and the United States.
The discussions come amid renewed anticipation for a restart of denuclearization negotiations between Pyongyang and Washington.■[2019.09.12]
≡ Court Rejects Arrest Warrant For Figures In Cho Kuk Equity Fund Case
A Seoul court has rejected an arrest warrant request for key figures related to the private equity fund Justice Minister Cho Kuk's family has invested in.
The Seoul Central District Court held a hearing yesterday over the arrest warrant the prosecution filed for Lee Sang-hoon, CEO of private equity firm Co-Link Private Equity, and the head of local lamppost switches manufacturer Wealth C&T, surnamed Choi.
The court denied the warrants for both of them, saying more relevant evidence was needed.
Lee, who operated the fund, is suspected of embezzlement and destruction of evidence, as well as having exaggerated the amount of the investment fund he received from Cho's family.
Choi is suspected of having embezzled about 1 billion won in company money.
Observers say the ongoing investigation into corruption allegations against Cho's family could lose steam in the wake of the court's decision.■[2019.09.12]