Posted August. 30, 2000 21:18,
The National Tax Administration began a close internal investigation of Park Sang-Hee, chairman of the Miju Group, and some other owners and companies under the government`s workout plan. A ranking official revealed Thursday that the administration recently received the results of the special investigation of owners and companies under workout for moral hazards from the Financial Supervisory Commission (FSC). Consequently, the official asserted that the administration will begin a close internal probe to determine whether a tax investigation is needed or not. The official added that no tax investigation has been initiated on the owners and companies under workout as yet, although the FSC has requested this. He revealed that the administration will first secure evidence of tax evasion and other offenses after the internal probe.