Samsung president suspected of tax evasion | 260 accounts opened in the name of 72 high-rise

South Korean police said on the 8th that Samsung Electronics President Lee Kun-hee and an executive found that they had opened up more than 400 billion won (about 2.327 billion yuan) worth of assets in the name of the executives of Samsung Group, concealing a total of 8.2 billion yuan in tax evasion Won (47.64 million yuan).

In the course of the investigation, the police found several Lee Kum Kee debated accounts suspected of tax evasion and tax evasion and decided to conduct an investigation based on the relevant information provided by the National Tax Agency.

Police found that Lee Kun-hee and Samsung executives responsible for the management of funds in the name of the 72 high-profile opened 260 accounts under the management of funds.Li Kee-hee police believe that the unpaid 2007-2008 years to pay the capital gains tax, consolidated Income tax totaled 8.2 billion won.

The Yonhap news service reported that the loan discovery account discovered by the police was a missing piece of the investigation by the independent inspection group responsible for the Samsung case in 2008. In 2011, Samsung Group applied to the National Tax Office for reporting the then-current name account and chasing huge taxes and fees, The police speculated that the period of inflow of funds into the debtor's account was from the early 1990s to the beginning of this century and given that the limitation of action has expired, only the flow of water after 2007 can be investigated.

Samsung said borrowing funds is the inherited property of the president Li Bingzhe, Samsung executives said, because the group needed to provide a copy of ID card.

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