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KCCI chairman orders reappointment review of executives over inheritance tax data debacle

Summary by The Korea Times
Korea Chamber of Commerce and Industry (KCCI) Chairman Chey Tae-won reprimanded executives and other employees of the business lobby group over its recent press release on the inheritance tax, which President Lee Jae Myung labeled as unreliable and rebuked publicly. In a written message to KCCI employees, Chey expressed “deep regret” over the incident and said the chamber would “suspend all events hosted by KCCI for the time being and place all …

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The Korea Times broke the news in Korea, Republic of on Thursday, February 12, 2026.
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