Korea tycoon comes to the rescue of 2018 Winter Olympics

Kuala Lumpur

ONE year ago, Olympic leaders looked forward with trepidation to the 2018 Winter Games in Pyeongchang, but one of South Korea's much-maligned business tycoons, Cho Yang-ho, has come to the rescue.

Twelve months after taking charge of an organising committee notorious for hold-ups and infighting, the 66-year-old head of Hanjin Group has earned plaudits from the International Olympic Committee (IOC).

YH Cho, as he calls himself, said that someone had to become "the boss" at the Pocog - the Pyeongchang Organising Committee for the Olympic Games.

Pocog has to get US$11 billion of skating and ice hockey stadiums, world-class ski slopes and other arenas built for …