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Samsung Chairman Lee Kun Hee has been indicted for evading taxes

Categories: Samsung
By: , IntoMobile
Thursday, April 17th, 2008 at 3:53 AM

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Rich people like money. Rich people like to keep their money. Rich people like to hide their money from the people who come to take their money away. Samsung Chairman Lee Kun Hee was hiding about $4.54 billion and thus he has been indicted.

Rich people influence government. Rich people do not go to jail because rich people have friends in the right places. When rich people steal money they get a finger pointed at them and a lecture.

Lee Kun Hee is not going to jail because the Korean government doesn’t want to disrupt the one company responsible for 20% of the country’s exports.

[Via: New York Times]

About The Author

Stefan Constantinescu

Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.