Mugen President Honda found not guilty in tax evasion case

Mugen President Honda found not guilty in tax evasion case

SAITAMA, Japan - Hirotoshi Honda, president of racing car engine maker Mugen Co., smiles during a news conference in Saitama on May 25 after the Saitama District Court cleared the president of charges that he evaded 1 billion yen in corporate tax.

Mugen uses funds to buy land for Honda memorial hall

Mugen uses funds to buy land for Honda memorial hall

SAITAMA, Japan - Racing car engine maker Mugen Co., which has been accused of evading corporate tax on 2.84 billion yen of income, spent at least 600 million yen of hidden income to acquire property in Tokyo (shown in photo) on which to build a memorial hall in honor of the late Honda founder Soichiro Honda, investigative sources said July 2.

Mugen's Honda arrested for alleged tax evasion

Mugen's Honda arrested for alleged tax evasion

ASAKA, Japan - Tax officials enter the offices of racing car engine maker Mugen Co. in Asaka, Saitama Prefecture, on July 1. Public prosecutors arrested the company's President Hirotoshi Honda the same day on suspicion of evading 1 billion yen in corporate tax.

Mugen's Honda arrested for alleged tax evasion

Mugen's Honda arrested for alleged tax evasion

ASAKA, Japan - Tax officials enter the offices of racing car engine maker Mugen Co. in Asaka, Saitama Prefecture, on July 1. Public prosecutors arrested the company's President Hirotoshi Honda the same day on suspicion of evading 1 billion yen in corporate tax. (Kyodo)

Mugen President Honda found not guilty in tax evasion case

Mugen President Honda found not guilty in tax evasion case

SAITAMA, Japan - Hirotoshi Honda, president of racing car engine maker Mugen Co., smiles during a news conference in Saitama on May 25 after the Saitama District Court cleared the president of charges that he evaded 1 billion yen in corporate tax. (Kyodo)

Mugen uses funds to buy land for Honda memorial hall

Mugen uses funds to buy land for Honda memorial hall

SAITAMA, Japan - Racing car engine maker Mugen Co., which has been accused of evading corporate tax on 2.84 billion yen of income, spent at least 600 million yen of hidden income to acquire property in Tokyo (shown in photo) on which to build a memorial hall in honor of the late Honda founder Soichiro Honda, investigative sources said July 2. (Kyodo)