Police Conduct Search and Seizure at Jongno Tax Office Over Alleged Collusion with Boryung Pharmaceutical
[Asia Economy Reporter Seongpil Cho] The police have launched a search and seizure operation at the Jongno Tax Office in Seoul, which is suspected of having collusion between former chiefs and pharmaceutical companies.
The Serious Crime Investigation Division of the National Police Agency's Criminal Investigation Headquarters dispatched about 10 investigators to the Jongno Tax Office from 9:30 a.m. on the 12th to secure related materials. The Criminal Investigation Headquarters has been investigating two former Jongno Tax Office chiefs and about 10 related company officials on suspicion of receiving money and valuables in return for helping companies such as Boryung Pharmaceutical, violating the Improper Solicitation and Graft Act (commonly known as the Kim Young-ran Act). The previous day, seven related companies were also subjected to search and seizure.
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The police plan to transfer the suspects, including the former chiefs, to the prosecution soon. The former chiefs who have been booked are reported to have denied the charges, stating that their communication with the companies was part of the 'Tax Administration Council,' a public-private consultative body aimed at gathering opinions from local taxpayers.
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