Sabeco rebuffs State Audit’s allegationSaigon Beer, Alcohol and Beverage Corporation (Sabeco) refuted the state audit’s allegations about its violations in the management of its operations and investing activities before it sold a stake for the foreign partner, while simultaneously affirming that its operation complies with regulations, according to newswire Vnexpress. Sabeco negates the state audit’s assessmentRecently, the State Audit Office proposed collecting VND2.5 trillion ($109.8 million) in tax arrears from Sabeco. Sabeco has issued a document explaining the state audit’s allegations, especially the more than VND2.8 trillion ($122.99 million) in profit after which it had not declared tax. Accordingly, Sabeco explained that the undeclared profit was one of the problems that Sabeco could not solve before conducting the equitisation. Besides, it affirmed that it published information relating to the state audit’s assessment before it sold the stake for the foreign partner.