Arab Today, arab today namyang chairman to stand trial over alleged tax evasion
Last Updated : GMT 15:09:43
Arab Today, arab today
Arab Today, arab today

Namyang chairman to stand trial over alleged tax evasion

Arab Today, arab today

Arab Today, arab today Namyang chairman to stand trial over alleged tax evasion

Seoul - Yonhap

The head of major dairy product maker Namyang Dairy Products Co. was indicted on charges of evading taxes worth 7.37 billion won (US$6.9 million) through various illegal methods, prosecutors said Wednesday. Chairman Hong Won-sik is under suspicion of stashing secret funds via deals involving expensive artworks and dodging taxes in the process, they said.

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