The Bottom Line
A Korean special prosecutor indicted Samsung Group Chairman Lee Kun-hee on tax-evasion and breach-of-trust charges, but cleared him of more serious bribery allegations.
AKorean special prosecutor indicted Samsung Group Chairman Lee Kun-hee on tax-evasion and breach-of-trust charges, but cleared him of more serious bribery allegations. Lee faces five years to life in prison if convicted, although Korean judges tend to issue lenient sentences for corporate leaders. (Reuters) Lee will not be arrested in the meantime, prosecutors said, as that would “cause enormous disruptions” at Samsung and have “negative repercussions on our economy.” Samsung companies account for an estimated one-fifth of Korean exports. (AP in Yahoo! Finance)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
MOST POPULAR ON THE WEEK
- How academia's liberal bias is killing social science
- 43 TV shows to watch in 2014
- Why Pakistan won't hunt down the terrorists within its borders
- What would a U.S.-Russia war look like?
- Vox, derp, and the intellectual stagnation of the left
- Diagnosing the Home Alone burglars' injuries: A professional weighs in
- Sorry, GOP, tax cuts don't pay for themselves
- Pope Francis' American problem
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- The real story behind Deliver Us From Evil
Subscribe to the Week