Kolmar Korea chairman gets 2 1/2-year suspended sentence for tax evasion
May 29, 2017
Kolmar Korea Chairman Yoon Dong-han was sentenced Monday to 2 1/2 years in prison, suspended for three years, for tax evasion.Yoon was indicted for failing to pay some 3.6 billion won ($3.2 million) worth of taxes while trading stocks of Kolmar Group subsidiaries under other names. The transactions of Kolmar Group’s affiliate stocks including those of Kolmar, Kolmar Holdings and HNG took place between 2012 and 2015. Yoon Dong-han, chairman of Kolmar Korea (Yonhap)The investigation into Yoon reve