SK chairman ordered to pay 1.38 tln won in property division in divorce

An appellate court on Thursday ordered SK Group Chairman Chey Tae-won to pay 1.38 trillion won (US$1 billion) in property division to the daughter of former President Roh Tae-woo, in the country's most expensive divorce suit. Chey of SK Group, South Korea's second-largest conglomerate, and Roh So-young married in 1988 and have three children. The ruling by the Seoul High Court, marks the biggest amount of property division for divorce in the country. Source: Yonhap News Agency