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News Wire / economy

Manufacturer Faces Financial Misconduct Allegations In Korea

YTN Radio Seoul 6d Impact 7
A manufacturer has been accused of failing to collect 2 billion won in transfer fees after moving primary production functions to a foreign entity controlled by a shareholder.

Topics

accounting fraud corporate misconduct manufacturing

Developing

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Sources · 7 independent

YTN Radio

“주력 생산 기능을 사주가 지배하는 외국법인에게 옮겼지만 20억 원에 달하는 이전 대가를 받지 못했습니다. 또 다른 외국법인을 형식적으로 끼워 넣어 30억 원 이상의 유출 마진을 취하게 하고 외국 체류 임원에게 고액 금액을 지급했습니다.”

Baywave FM Japan

“Manufacturer faces allegations of financial misconduct in Korea.”

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