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Samsung's former Chairman pardoned, again

Thomas Ricker, @trixxy
December 29, 2009
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You know what's awesome about being the head of a South Korean chaebol? You're untouchable. After being convicted of tax evasion netting a $110 million fine and a deferred 3-year prison sentence, Lee Kun-hee, the former chairman of Samsung Group, has been pardoned by the South Korean government -- his second presidential pardon after first being convicted in 1996 of bribing former South Korean president Roh Tae-woo. Why the reprieve? Easy, so the 67 year old can help the country pursue a bid for the 2018 Winter Olympics. A Korean activist group responded to the move saying, "Granting a chaebol chairman a pardon just to host an Olympics will make South Korea a laughingstock in the international community." How true.

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