Prosecutors suspect Cho’s influence over his wife’s purchase of shares in battery firm WFM at a lower price than their market value.
|Cho Kuk (Yonhap)|
Cho was a senior secretary to President Moon Jae-in at the time of the purchase.
Prosecutors are also looking into dubious bank transfers between Cho and his wife.
If found to be involved, Cho would be in violation of an ethics regulation for public officials and could face bribery charges.
Cho is also under suspicion that he was complicit in his wife’ other alleged crimes, including fabricating a document to support her daughter’s university application and withholding evidence.
If Cho appears at the prosecutors’ for questioning, he is unlikely to address reporters before entering the building.
It was until recently customary for high-profile public figures to face the media before questioning. Prosecutors have only recently introduced a new rule that put an end to the practice.
Cho’s wife was also let in through the backdoor when she was summoned by the prosecutors before her arrest.
By Choi Si-young (email@example.com)