Special prosecutors probing alleged corruption at Samsung Group said Thursday they indicted Chairman Lee Kun-hee for tax evasion and breach of trust while clearing the conglomerate of bribery allegations. The announcement concludes a three-month probe into a slew of alleged wrongdoing at South Korea's biggest industrial conglomerate. The prosecutors said they would not arrest Lee as it would "cause enormous disruptions" in Samsung corporate management.
April 18, 2008 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
Special prosecutors probing alleged corruption at Samsung Group said Thursday they indicted Chairman Lee Kun-hee for tax evasion and breach of trust while clearing the conglomerate of bribery allegations.
The announcement concludes a three-month probe into a slew of alleged wrongdoing at South Korea’s biggest industrial conglomerate. Lee and close family members have been summoned for hours of questioning during the investigation.
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