The hearing is scheduled for Jan. 9 at the Seoul High Court, where it will recalculate the marital assets of Chey and his estranged wife Roh Soh-yeong, to assess the amount of property to be divided.
The top court earlier found flaws in the lower courts' assessment of Roh's contribution to the conglomerate's growth, ruling that some 30 billion Korean won (US$21 million) in slush funds from Roh's father, the late former President Roh Tae-woo, which were funneled into SK Group, cannot be considered assets jointly accumulated by the couple.
It also clarified that such illegally raised funds constitute bribes and therefore cannot be subject to property division.
Only the division of their assets remains to be determined at the appeals court, since the top court has finalized its order for Chey to pay 2 billion won in alimony.
The couple married in September 1988 and have three children between them. In December 2015, Chey revealed that he had a child out of wedlock and later filed for divorce in July 2017 as the two failed to agree on the terms of separation.
Copyright ⓒ Aju Press All rights reserved.
