Top S. Korean food group head questioned on tax evasion

Top S. Korean food group head questioned on tax evasion

SEOUL - The head of a top South Korean food and entertainment conglomerate, CJ Group, presented himself to prosecutors Tuesday to face questioning over alleged tax evasion and embezzlement.

Chairman Lee Jae-Hyun, the 10th richest man in the country, showed up at the Seoul Central District Prosecutors' Office in response to a summons sent last week.

"I am sorry to cause concern among the people. I will sincerely respond to questions (from the prosecution)", the 53-year-old tycoon told journalists before he entered the Prosecutor's Office.

Prosecution authorities searched the group's headquarters last month.

Lee allegedly dodged 51 billion won (S$57 million) in taxes and diverted another 60 billion won in company funds.

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