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
- Here comes the Pentagon's newest space plane
- 43 TV shows to watch in 2014
- America's anti-feminist mega-corporations' toxic disregard for women must stop
- Did the media get Ferguson wrong?
- This week I learned the surprisingly dark origins of the Nobel Prize, and more
- Extreme haunted houses: Inside Halloween's most terrifying new trend
- The U.S. is about to sell weapons to Vietnam. That's bad news for China.
- Gamergate might be gaming sexism's Waterloo
- How did Rick Perry escape blame for the Texas Ebola outbreak?
- 3 horrific inaccuracies in Homeland's depiction of Islamabad
Subscribe to the Week