The Korea Herald

피터빈트

Former chief of KT&G questioned over bribery

By KH디지털2

Published : Dec. 7, 2015 - 10:24

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A former head of the nation's leading tobacco maker was summoned Monday for questioning on suspicions that he received kickbacks from a company subcontractor.
  

Min Young-jin appeared before the Seoul Central District Prosecutors' Office in southern Seoul.
  

The 57-year-old is suspected of receiving a total of 100 million won ($85,830) in bribes from a subcontractor in exchange for business favors.
  

The former head of the KT&G Corp. is also suspected of creating secret funds while taking over and managing a local cosmetics company and a biotech venture company, which has now become the cigarette maker's affiliate.
  

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