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Posted : 2021-05-14 16:47
Updated : 2021-05-14 18:02
Former Asiana Group Chairman Park Sam-koo, center, enters Seoul Central District Court in Seoul, May 12, to attend his arrest warrant hearing. He was arrested on May 13 on charges of masterminding unfair financial transactions among group affiliates. Yonhap
By Yi Whan-woo
The latest arrests of former Asiana Group Chairman Park Sam-koo and Eastar Jet founder Lee Sang-jik illustrate the rise and fall of two airline business moguls.
The two came from different backgrounds, with Park being the second generation of a chaebol family and Lee being a self-made entrepreneur.
For both, it was an airline that allowed them to accumulate wealth and fame, before they ended up getting arrested ― Park on May 13 and Lee on April 28 ― on embezzlement and other charges.