South Korea to pardon former Samsung chairman

Posted on Tuesday, December 29 2009 @ 18:03 CET by Thomas De Maesschalck
WSJ reports the South Korean government seeks to pardon the former chairman of Samsung for tax-evasion:
The South Korean government Tuesday moved to pardon the former chairman of Samsung Group only four months after he was convicted on tax-evasion charges to help the country pursue a bid to host the 2018 Winter Olympics.

The move to clear the name of Lee Kun-hee, one of the nation's most visible business executives, drew criticism from opposition and governance groups that called it an example of the preferential treatment sometimes offered to South Korea's senior business leaders.


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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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