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Indicted Samsung Group chief stepping down
The chairman of South Korea's biggest conglomerate says he is resigning. Samsung Group chief Lee Kun-hee is stepping down less than a week after his indictment on tax evasion charges.
A team of special prosecutors say Lee evaded about $113 million in taxes. The charges followed a three-month investigation into the conglomerate's finances.
Samsung Group's biggest company is Samsung Electronics, which makes computer chips, flat screen TVs and mobile phones.
Posted by Lori Stassi on April 22, 2008 7:05 AM PT | Permalink
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