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 13:29 2018 Friday ,14 December
Turkey targets military over alleged Gulen links
GMT 09:23 2019 Monday ,19 August
Live an important and happy atmosphere
GMT 11:57 2016 Thursday ,07 July
Smokey Robinson honored by US Library of Congress
GMT 09:47 2019 Monday ,19 August
Live a tense atmosphere in your career
GMT 13:22 2018 Wednesday ,03 January
Steyn gives SA coach Gibson a headache for first India Test
GMT 12:11 2017 Wednesday ,02 August
Tourism Min. receives Kazakh Ambassador to Egypt
GMT 12:08 2018 Thursday ,04 January
UN chief welcomes reopened Korean hotline
GMT 13:36 2017 Saturday ,18 November
King of Jordan, Indonesia's Counter-terrorism Agency Chief
GMT 09:00 2017 Wednesday ,12 April
Colombia forces struggle to root out coca
GMT 19:07 2018 Friday ,14 December
Lebanese PM flags up Saudi investment potential, financial ties
GMT 12:13 2018 Tuesday ,11 December
Arab League urges Bolsonaro to reconsider embassy move
GMT 23:57 2015 Monday ,10 August
Australian expert calls on Japan to 'get message on history right'
GMT 13:47 2018 Sunday ,14 October
Volodin says world should remember Nazi death camp
GMT 13:49 2011 Sunday ,23 October
Abu Dhabi woman wins Volkswagen Jetta for a year
GMT 09:50 2016 Thursday ,16 June
NASA Administrator visits MBRSC
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