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Samsung chef indicted on tax evasion charges

Asia

Crime - Law

The name Lee Kun-hee might not sound familiar to you. But in South Korea they sure know him. He is the head of Samsung, one of the largest multinationals in the world. And he is now being indicted by South Korean authorities on charges of tax evasion and breach of trust.

Ten other Samsung executives were also charged. But the guy is so powerful that prosecutors said they would not arrest him yet, because of the "negative repercussions" that could have on the countries economy.



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