CJ’s U.S., Indonesia units probed in slush fund case
Jun 16, 2013
Prosecutors said Sunday they were looking into new allegations that CJ Group raised massive slush funds through its branches in the U.S. and Indonesia.The family-owned food and entertainment giant is under intensive investigation for allegedly running secret funds at home and abroad using borrowed-name accounts, ghost companies and fraudulent accounting. CJ is also suspected of evading taxes. Prosecutors said they confirmed that the group had illegally transferred tens of millions of dollars rai