Duc, sequere, aut de via decede!

If you want Kim Seung-youn to stay locked up; who should be the next President of Korea?

August 16th, 2012 . by Errol

“Hanwha Group chairman Kim Seung-youn was jailed for four years on Thursday for causing W302.4 billion in losses to his conglomerate and evading W1.5 billion in taxes (US$1=W1,135).

According to Chaebol.com, a conglomerate research firm, seven heads of family-owned conglomerates have been indicted for financial crimes since 1990, and all of them received suspended sentences and were eventually pardoned by (successive) Korean presidents.”

Chosun Ilbo, Aug. 17, 2012

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