Choi, Sih-won, former Chairman of SK Networks. /Courtesy of News1

Former SK Networks Chairman Choi Si-won has disposed of all SK shares he owned.

According to the Financial Supervisory Service's electronic disclosure system (DART) on the 12th, Choi sold 10,000 shares of SK (equity ratio 0.01%) four times from the 2nd of this month until today (settlement date basis).

Choi is the cousin of Chey Tae-won, Chairman of SK Group, and the older brother of Choi Chang-won, Chairman of the SK SUPEX Council.

Choi was sentenced to 2 years and 6 months in prison and was taken into custody following a second trial on charges of embezzlement and breach of trust exceeding 200 billion won last January.

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