http://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/ Engadget Comments for Samsung execs called for questioning in continuing corruption probe http://www.engadget.com/media/feedlogo.gif http://www.engadget.com en-us Copyright 2010 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/http://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/Mar 1st 2008 4:42PMhttp://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/http://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/
Their second demonstration has been delayed a good 8 months. Obviously something's up.
http://www.steorn.com
http://www.steorn.com/news/releases/?id=1001

;)]]>Mar 1st 2008 4:55PMhttp://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/http://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/Mar 1st 2008 5:01PMhttp://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/http://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/Mar 1st 2008 5:06PMhttp://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/http://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/
...and that until we hear otherwise, we just have to make that assumption. Maybe corporations should be considered guilty until proven innocent. (though they really don't really deserve to have the same rights as citizens to begin with...)]]>Mar 1st 2008 5:45PMhttp://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/http://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/Mar 1st 2008 6:01PMhttp://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/http://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/Mar 1st 2008 6:52PMhttp://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/http://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/Mar 1st 2008 6:57PMhttp://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/http://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/
The main issue at hand is the fact that Lee and his family, which own less than 3% of the Samsung conglomerate, EMBEZZLED hundreds of millions of dollars, possibly billions, from the company.

The embezzled money was then used to purchase expensive artworks anonymously through myriads of paper companies.

Several multi-million dollar artworks bought at Christie's and Sotheby's by "anonymous buyer" in last several years have been found at the vault of Lee's private gallery. (e.g. Roy Lichtenstein's "Happy Tears")

Issue here is not "government corruption." It's THEFT of shareholder money by the management.]]>Mar 1st 2008 8:08PMhttp://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/http://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/Mar 1st 2008 9:37PMhttp://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/http://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/"An independent counsel has been looking into alleged wrongdoing at Samsung since last month after a former top attorney for the conglomerate spoke out late last year. Kim Yong-chul claimed the conglomerate created a $213 million slush fund to bribe government officials, judges and prosecutors and _purchase works of art_."

And Engadget's sister blog Luxist:
http://www.luxist.com/2008/01/05/corporate-art-or-corporate-scandal-for-samsung/

More info here:
http://www.ft.com/cms/s/0/84df8796-d678-11dc-b9f4-0000779fd2ac.html
http://www.belfasttelegraph.co.uk/news/world-news/article3315350.ece]]>Mar 1st 2008 10:24PMhttp://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/http://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/Mar 2nd 2008 5:24PMhttp://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/http://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/Mar 2nd 2008 5:26PMhttp://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/http://www.engadget.com/2008/03/01/samsung-execs-called-for-questioning-in-continuing-corruption-pr/Mar 2nd 2008 2:21AM