LG Corp Raise prosecutors at the company's offices

South Korean prosecutors invaded LG Corp in Yeouido to carry out tax evasion checks. Prosecutors claim to have acted following a complaint filed with the National Tax Office of South Korea, and their main objective is to investigate the Department of Economic Activities the company's.LG Corp

The Koo family members, controlled, are supposed to have transferred the company's shares to each other, but they have blocked transactions to prevent tax from the state according to prosecutors.

So the state is reported to have been harmed around 10 by millions of dollars from non-payment of taxes.

The Koo family is the largest shareholder of LG Corp, which is the company of many other companies such as LG and LG Display. The same family manages various subsidiaries of the group.

Koo Bon-moo, head of the family, who is chief executive and chairman of LG Corp, is not being controlled by prosecutors. LG for its part stated that there is a difference of opinion between the South Korean authorities on the of taxes but declined to comment further.

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Written by giorgos

George still wonders what he's doing here ...

One Comment

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  1. Yes, but there is Korea. Is not Greece where judges, investigators and prosecutors accept as υπο submitters and guides some… law firms;)

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