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Samsung's chairman suspected of evading $368 million worth of taxes

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삼성 이건희Lee Jae-Won/Reuters

  • Samsung Electronics Chairman Lee Kun-hee is suspected of tax evasion.
  • South Korean police alleged Lee used bank accounts containing around $368 million under someone else's name.


SEOUL (Reuters) - South Korean police named Samsung Electronics Chairman Lee Kun-hee as a suspect over allegations that he used bank accounts held in someone else's name that held some 400 billion won ($368 million), Yonhap News Agency said on Thursday.

Lee was suspected of tax evasion, Yonhap added.

See the rest of the story at Business Insider

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