Moneual chief suspected of evading taxes, creating slush fund
Professor Hong-Seok Park (4-L)
Seoul - Yonhap
The chief executive of Moneual, a small-sized home appliance manufacturer that abruptly declared bankruptcy earlier this month, was accused Friday of dodging taxes and operating slush funds through a paper company overseas, using the money for personal luxuries.
The Korea Customs Service (KCS) said Park Hong-seok, the founder of the company, is suspected of accumulating some 44.6 billion won (US$421.8 million) in secret funds through a paper company established in Hong Kong.
- Thursday ,13 December GMT 22:53 2018 Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar Properties
- Thursday ,06 December GMT 13:41 2018 Tyre maker Continental opens lab to extract rubber from dandelions
- Friday ,30 November GMT 15:23 2018 Paper industry around famous Chinese lake to be shut down by 2019
- Monday ,12 November GMT 16:51 2018 Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMAS
- Friday ,09 November GMT 08:11 2018 Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'
- Thursday ,08 November GMT 14:00 2018 Namibian enterprise endeavours to seize opportunities at China import expo
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:23 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 16:34 2018 Tuesday ,13 November
Amazon announces new headquarters in New York and WashingtonGMT 16:51 2018 Monday ,12 November
Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMASGMT 08:11 2018 Friday ,09 November
Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'GMT 14:00 2018 Thursday ,08 November
Namibian enterprise endeavours to seize opportunities at China import expoRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 16:53 2015 Friday ,23 January
Kuwait in mourning over the demise of King Abdullah of Saudi Arabia
GMT 11:41 2017 Thursday ,02 March
Public health awareness campaign launched
GMT 14:32 2014 Monday ,04 August
'China Mania' exhibition kicks off in Singapore
GMT 09:23 2017 Sunday ,22 October
More than 1.1 bn 'invisible people' lack identification
GMT 09:20 2018 Tuesday ,06 November
Midterm elections in US to determine Congress, test Trump's policies
GMT 08:58 2018 Wednesday ,31 October
Google CEO: apology after sexual harassment claims 'wasn't enough'
GMT 07:46 2018 Tuesday ,30 October
"New Europe" and the "mighty people"
GMT 15:22 2018 Sunday ,21 October
Australia destroyer Abbas shoots to third in Test rankings
GMT 15:47 2013 Saturday ,10 August
Northern Ireland braces for invasion of giant moths
GMT 02:36 2016 Saturday ,24 December
Lockheed Martin shares drop after Trump tweet on defence sectorGMT 19:18 2012 Friday ,13 July
Millar wins 12th stage, Wiggins in yellow
GMT 10:17 2011 Monday ,17 October
Over 400 foreign companies investing in Iran
GMT 09:33 2018 Monday ,15 January
Cryptocurrency rivals snap at Bitcoin's heelsGMT 12:53 2011 Sunday ,05 June
Clinton meets French FM to discuss french peace initiative
GMT 12:31 2017 Wednesday ,11 January
Iran after Rafsanjani
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor