SEOUL—Korean Air Lines Co Ltd Chairman Cho Yang-ho was indicted on Oct. 15, on charges including embezzlement and breach of trust, South Korean prosecutors said, adding to a string of woes at the country’s biggest airline group.
Cho is the latest head of a big business group, or chaebol, to face legal challenges in South Korea since President Moon Jae-in took office in 2017 with a pledge to curb the excessive power of family-owned conglomerates and improve their governance.
