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Court issues arrest warrant for Justice Minister's relative regarding suspicious equity fund investment Updated: 2019-09-17 09:12:37 KST

The Seoul Central District Court issued an arrest warrant late Monday for a relative of Justice Minister Cho Kuk over allegations of the Cho family's suspicious investments into a private equity fund.
The relative, also surnamed Cho, is at the center of allegations.
He was arrested at Incheon International Airport last Saturday on embezzlement and other related charges after spending around a month overseas.
He's believed to be the de-facto owner of Co-Link Private Equity.
Cho Kuk's family, including his wife and children, invested a combined one.two million U.S. dollars into the fund.
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