Even Without Roh Tae-woo's 30. Billion Won Secret Fund, "SK Shares Are Subject to Division"

[Anchor]

The alleged 30 billion won gift from Roh Tae-woo was not recognized as a contribution by Roh Soh-young, according to the Supreme Court's ruling. Even so, Chairman Chey Tae-won must pay an astronomical sum close to 1 trillion won. The decisive factor was the judgment that SK shares are joint property formed and maintained by the couple together.

This is legal specialist reporter Im Chanjong.

[Reporter]

In October of last year, the Supreme Court overturned the property division portion of the appellate ruling in the divorce lawsuit between SK Group Chairman Chey Tae-won and Art Center Nabi Director Roh Soh-young.

There were two reasons.

First, the approximately 30 billion won gifted to Chairman Chey's side by Roh Soh-young's father, Roh Tae-woo, was illegal funds and could not be viewed as a contribution by Director Roh to property formation. Second, assets gifted by Chairman Chey to relatives and others prior to the breakdown of the marital relationship were not subject to division.

The remand court also reflected the Supreme Court's judgment, stating that Roh Tae-woo's gift would not be factored into the calculation of the property division ratio, and also excluded assets gifted by Chairman Chey to third parties before the marital breakdown from the division.

Nevertheless, the remand court ruled that Director Roh's share of the property division amounts to 944 billion won.

The decisive factor was the determination that shares held by Chairman Chey, including SK shares, were subject to division.

The court stated that even if Roh Tae-woo's gift is not evaluated as a contribution by Director Roh's side, the shares held by Chairman Chey were acquired under his name during the marriage, and both individuals are recognized as having contributed to their formation, maintenance, and increase in value.

Accordingly, the court calculated Director Roh's share at one-third of the total, or approximately 33.3%, reducing it only slightly from the 35% set by the second trial.

Given that the second trial court had determined the ratio by judging Roh Tae-woo's gift as a contribution to be considered in property division, this is interpreted as the remand court judging that excluding that part does not make a significant difference to the division ratio.

(Camera Reporter: Yang Hyun-chul, Video Editor: Kim Yoon-sung)
※ Please note: This article was translated by AI and may contain errors.