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
- 31 TV shows to watch in 2014
- He said he was leaving. She ignored him.
- Why atheism doesn't have the upper hand over religion
- 14 wonderful words with no English equivalent
- Wounded in Boston, two brothers endure
- If a nuclear bomb exploded in downtown Washington, what should you do?
- How conservatives learned to hate Hollywood
- Why Easter is so important to Christians
- What would a U.S.-Russia war look like?
- The Democrats have a mega-donor problem
Subscribe to the Week