Prosecutors said Friday they have raided the headquarters of the nation's leading tobacco maker in southern Seoul over allegations it created slush funds in the process of taking over other companies.
  

The office of the former head of KT&G Corp. Min Young-jin, as well as that of his secretary, were included on the list, the Seoul Central District Prosecutors' Office said.
  

Accounting books and transaction information with the company's business partners have been confiscated from the state-run tobacco firm, prosecutors said.
  

Min is suspected of creating secret funds while taking over and managing a local cosmetics company and a bio venture company, which has now become the cigarette maker's affiliate.
  

Min resigned in July as prosecutors launched the investigation. (Yonhap)