As former SM executive producer Lee Soo-man decided to hand over his shares to Hive, current SM CEO Lee Seong-soo, driven into a corner, counterattacked by raising suspicions of offshore tax evasion.
CEO Lee, who is the niece of former executive producer Lee Soo-man of SM and the current executive, made this claim through his personal YouTube channel.
At the same time, former general manager Lee said that he had established a company called CT Planning Limited in Hong Kong in 2019 with a capital of $1 million, and that this CTP was a 100% private company owned by Suman Lee, and was called ‘foreign version Like Planning’.
In addition, the contract between SM and Like Planning was not properly recognized by the National Tax Service, and eventually SM paid billions and tens of billions of won in taxes.
Representative Lee also said that behind the message that advocated environmental and ESG management emphasized by Lee, there is a desire related to real estate business rights, and that the release of the album of the girl group Espa was delayed by forcing them to include the message of ‘planting trees’ in the song lyrics. claimed.
Appearing wearing a costume with SM’s representative boy group NCT 127 written on it, CEO Lee announced additional disclosures by revealing 14 items, including Emperor Lee Soo-man of the SM Empire, overseas version of Like Planning CTP, and subsidiaries that were sacrificed for Lee Soo-man’s family.
YTN Cha Jung-yoon ([email protected])
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