An employee of Oriental Brewery Co. Ltd. (OB), a subsidiary of Budweiser Brewing Company APAC Ltd., has been indicted in Korea on charges of embezzlement and commercial bribery, as well as alleged customs tax evasion related to malt importation. Additionally, OB, its subsidiary ZX Ventures, OB's head of logistics, and the chief executive officer have been charged as joint defendants in the customs tax evasion case. Budweiser Brewing Company APAC Ltd. has stated that it will defend against these charges, and the potential financial impact on the company is not expected to be significant.
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