The former chairman of the Samsung Group and one of South Korea's most powerful business leaders was given a stiff fine and sent on his way for corruption allegations. Lee Kun-hee was sentenced to three-years in jail, suspended for five years, for tax evasion while being cleared of more serious charges. The court fined Lee …

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Wednesday 16th July 2008 20:56 GMT asdf

Move along nothing to see here

It seems that the Korean culture is not capable of the seperation of private enterprise and government. From what I understand even the concept is foreign to them. It should then come as no suprise to anyone, that both illegal activity was found at a very large opaque Korean corporation and that the guilty partys would receive only a slap on the wrist. That being said it is hard to take the high road as the same type of graft and government looking the other way occurs frequently in the western world as well. Sigh I guess the world is one large good 'ole' boy club and its all about who you know.

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Wednesday 16th July 2008 20:56 GMT Pyros

Huh.

Unlike the US's metaphor, the won doesn't stop in prison...

Okay, back to seriousness!

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Wednesday 16th July 2008 23:50 GMT david wilson

Convenient statute of limitations

Laws that help politicians avoid bribery convictions?

Who on Earth do they think they are - Italians?

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Thursday 17th July 2008 07:32 GMT amanfromMars

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"It seems that the Korean culture is not capable of the seperation of private enterprise and government. From what I understand even the concept is foreign to them." ... By asdf

Posted Wednesday 16th July 2008 20:21 GMT

When that is so, asdf, one does wonder at the wisdom in trying to embrace it rather than just being aware of its vulnerabilities .... and the Opportunities presented by Failed Oversight and Regulation to XXXXPloit/dDevelop their Minting and Treasury Potentials for Society/Culture as a Whole.

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