S. Korean president's son to face tax probe
- Published: 14 Nov 2012 at 09.47
- Online news: Asia
South Korean prosecutors said Wednesday they would refer President Lee Myung-Bak's only son to the tax authorities as they handed down indictments over a land deal for Lee's retirement home.
Lee Si-Hyung (C), South Korean President Lee Myung-Bak's only son, speaks to the media as he arrives at the special prosecutor's office in Seoul in October 2012. South Korean prosecutors said Wednesday they would refer President Lee Myung-Bak's only son to the tax authorities as they handed down indictments over a project to build Lee's retirement home.
Although Lee Si-Hyung was not among the three people indicted, prosecutors said his tax records would be checked for possible evasion of gift tax on financial help he received from family members to help buy a plot for the home.
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