[THE INVESTOR] SK Group vice chairman Chey Jae-won is among those listed for parole on July 29, local media reported on July 21.

According to reports citing unnamed government sources, the Ministry of Justice’s parole board ruled that Chey is eligible for parole. Although the issue needs the justice minister’s approval, the board’s decisions are rarely overturned. 




Chey, younger brother of SK Group chairman Chey Tae-won, was sentenced to 3 1/2 years in February 2014 on charges of embezzlement. His brother was pardoned by the president last year.

LIG Nex1’s Koo Bon-sang, who was also linked to the July 29 parole, has reportedly been rejected by the board.

By Choi He-suk (cheesuk@heraldcorp.com)