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 to be the most productive person in your office — and still get home by 5:30 p.m.
- 43 TV shows to watch in 2014
- How our botched understanding of 'science' ruins everything
- 6 things the happiest families all have in common
- The science of sex: 4 harsh truths about dating and mating
- 13 Urban Outfitters controversies
- This is what happens when Republicans actually enact their radical agenda
- Save the world... by changing how you pee
- How U2 became the new Nickelback
- 11 weeknight dinners you can make without a recipe
Subscribe to the Week