Jump to content
The Inquirer-Home

Samsung boss gets suspended sentence

Tax fiddler avoids jail
Wednesday, 16 July 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

See Also
Samsung profits up after chairman quits

Samsung boss falls on sword

Samsung chairman indicted

Share this:

Comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.

Advertisement
Subscribe to the INQ Newsletter
Sign-up for the INQBot weekly newsletter
Click here to sign up Existing user
Advertisement
INQ Poll

Christmas computer sales

Will you be buying a new computer this Christmas?