Industry ministry launches audit into 'fake news' incident involving KCCI
3 Articles
3 Articles
Korean president cites TJN takedown of millionaire exodus myth, demands end to anti-democratic “fake news” against wealth taxes
South Korean President Lee Jae Myung condemned1 the Korea Chamber of Commerce and Industry over the weekend for spreading “fake news” about millionaires supposedly leaving South Korea due to inheritance taxes after the Chamber cited in a press release the widely discredited Henley & Partners report. The President cited the Tax Justice Network’s 2025 debunking2 […]
Six economic organizations held an emergency meeting to review current issues… “As the minister in charge, I deeply apologize” “There was no mention of the inheritance system in the relevant data, so the council interpreted it arbitrarily” Minister of Trade, Industry and Energy Kim Jeong-gwan was criticized for his press release on the ‘outflow of high net worth Koreans overseas’, sparking controversy over ‘fake news’
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