New scandal South Korea ‘Nut Rage’ Heiress Releases letter criticizing the administration of Family Business

New scandal South Korea ‘Nut Rage’ Heiress Releases letter criticizing the administration of Family Business

The dynasty South Korean company that “mother-rage incident” reputation acquired will generate new turbulence. Cho Hyun-ah, or Heather Cho, the eldest daughter of the late Patriarch founding family, expressed their dissatisfaction with how his brother has the conglomerate Hanjin management units include flag carrier Korean Air Lines Co. Walter Cho, year 43 – old president of the Hanjin group and the holding company Hanjin Kal Corp. hurt desires, without proper consultation with the rest of society is running the family, the father, said in an emailed statement through their lawyers made . And ‘that a member of the founding family publicly dissatisfaction with the management of Hanjin since spoken patriarch, Cho Yang-ho, died the first time in April. During November, the brothers of his stake in Hanjin father Kal inherited in accordance with the law. “Hanjin Group is managed so that the previous president wishes goes against” Heather Cho said in the statement. “There is not enough discussion about who to call as head of Hanjin Group. I will listen to different points of view of the shareholders.” Walter Cho was not immediately reachable, but the Group has issued a public apology to the family dispute. Hanjin Kal, the actions of Korean Air and Hanjin other units, rose 20% in Seoul trading, which owns most since April. Korean Air advanced 4.7% and Jin Air, Hanjin Kal another company, rose 4.1%. Walter Cho holds 6.52% of Hanjin Kal and older sister has 6.49%, according to an act of November. Emily Cho, the youngest of the family, he and his mother 6.47% 5.31%. Heather Cho, 45, won fame around the world after he ordered a Korean Air plane at the back gate after a flight attendant for reproof macadamia so were served in the premium class. As a result of the incident, in December 2014, he was condemned for having usurped the authority pilot and spent five months in prison.
Photo copyright Jung Yeon-Je-AFP / Getty Images

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