The Regional Trial Court (RTC) of Olongapo City has convicted the president of a fishing rod manufacturer for failure to pay over P1.6 million in employees’ contributions to the Social Security System (SSS).
Renato Jacinto Cuisia, SSS assistant vice president for Operations Legal Department, said Hong Yeul Kim, a South Korean and the president of the Jyung Myung Fishing Rod Manufacturing Corp., was meted six years and one day up to eight years’ imprisonment.
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