namyang chairman to stand trial over alleged tax evasion
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Namyang chairman to stand trial over alleged tax evasion

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Emiratesvoice, emirates voice 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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