SK Choi Tae-won received another warning from the Fair Trade Commission for 'missing reporting of affiliates'

This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology

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hoondork@alphabiz.co.kr | 2023-02-10 06:33:20

최태원 SK그룹 회장. 사진=연합뉴스

[Alpha Biz=(Chicago) Reporter Paul Lee] SK Group Chairman Choi Tae-won received a "warning" from the Fair Trade Commission for omitting the submission of data for the designation of large business groups.

The Fair Trade Commission said today (9th) that it has decided to issue a warning instead of a complaint against Choi Tae-won, chairman of SK, a mutual investment-restricted business group, for missing four companies while submitting data for the designation of a large business group.

The companies are classified as members of the business group SK because the same person, including non-profit corporate executives, own stakes or the same person's two blood relatives have a dominant influence on management.

An FTC official said, "The importance of Chairman Choi's false submission of designated data is significant, but we warned him because we judged that the possibility of recognition was minor."

 


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