Most Popular
-
1
Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
-
2
Seoul blanketed by heaviest Nov. snow, with more expected
-
3
NewJeans to terminate contract with Ador
-
4
Seoul snowfall now third heaviest on record
-
5
Samsung shakes up management, commits to reviving chip business
-
6
Heavy snow of up to 40 cm blankets Seoul for 2nd day
-
7
Hybe consolidates chairman Bang Si-hyuk’s regime with leadership changes
-
8
How $70 funeral wreaths became symbol of protest in S. Korea
-
9
NewJeans terminates contract with Ador, embarks on new journey
-
10
Why cynical, 'memeified' makeovers of kids' characters are so appealing
Swiss bank UBS was the most-favored broker by Koreans who established paper companies in overseas tax havens, according to the Korea Center for Investigative Journalism, a group of local journalists.
The journalists said they found that UBS branches in Singapore and Hong Kong mediated 31 cases among 369 phantom companies established by Koreans.
Those who turned to UBS for alleged tax evasion were reported as Hanjin chairwoman Choi Eun-young, OCI chairman Lee Soo-young and KB AutoTech president Park Hyo-sang, according to Yonhap News.
(shinjh@heraldcorp.com)
The journalists said they found that UBS branches in Singapore and Hong Kong mediated 31 cases among 369 phantom companies established by Koreans.
Those who turned to UBS for alleged tax evasion were reported as Hanjin chairwoman Choi Eun-young, OCI chairman Lee Soo-young and KB AutoTech president Park Hyo-sang, according to Yonhap News.
(shinjh@heraldcorp.com)
-
Articles by Korea Herald
