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Morning Agenda: Proving Uber’s Real Value

Prosecutors have cast Lee Jae-yong, the heir to the Samsung empire, as a mastermind bent on breaking the law to protect his family’s wealth and power. They have accused him of paying $38 million in bribes to maintain control of Samsung without paying taxes. By Amie Tsang The New York Times Aug 24, 2017

Morning Agenda: Proving Uber’s Real Value

By Amie Tsang
The New York Times
Aug 24, 2017 

Prosecutors have cast Lee Jae-yong, the heir to the Samsung empire, as a mastermind bent on breaking the law to protect his family’s wealth and power. They have accused him of paying $38 million in bribes to maintain control of Samsung without paying taxes.

Whatever the judge decides, it isn’t likely to look good for the de facto leader of Samsung. “In the trial, you come away with the impression that he is incompetent or at least he didn’t know his own company,” Geoffrey Cain, the author of a coming book about Samsung, told The Times.

Read more about the corruption cases of big conglomerates around the world such as Uber and Samsung at The New York Times

 

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