Latest in Chaebol

Image credit:

Samsung's former Chairman pardoned, again

2 Shares
Share
Tweet
Share

Sponsored Links

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.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
2 Shares
Share
Tweet
Share

Popular on Engadget

The best iPhone screen protectors

The best iPhone screen protectors

View
IKEA begins selling its FYRTUR smart blinds in some US stores

IKEA begins selling its FYRTUR smart blinds in some US stores

View
The Engadget Podcast: What do we lose if Google is everywhere?

The Engadget Podcast: What do we lose if Google is everywhere?

View
Le Creuset's Star Wars cookware is available to pre-order

Le Creuset's Star Wars cookware is available to pre-order

View
Verizon and T-Mobile aren't supporting RCS on the Pixel 4 at launch

Verizon and T-Mobile aren't supporting RCS on the Pixel 4 at launch

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr