Samsung boss gets suspended sentence

Tax fiddler avoids jail

By INQUIRER Newsdesk

Wed Jul 16 2008, 13:19

DISGRACED ex-boss of Korean electronics giant Samsung, Lee Kun-hee, has landed a three-year suspended jail sentence after being found guilty of tax evasion.

Lee was also fined 110 billion won (around £55 million) by a court in Seoul, but Judge Min Byung-hun reckoned Lee's crime was "not serious enough" to send him to straight to jail.

Lee, who was found not guilty of a more serious charge of breach of trust, resigned from his post of Samsung chairman in April after being rumbled. Now, after sentencing, he said he was "sorry for causing trouble to the people". µ

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Samsung boss gets suspended sentence

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