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Stealing 100billion won is good for the economy.

 
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crescent



Joined: 15 Jan 2003
Location: yes.

PostPosted: Wed Aug 13, 2008 12:08 am    Post subject: Stealing 100billion won is good for the economy. Reply with quote

So is tax fraud and election fraud. Nothing surprises me about this country anymore.

http://news.bbc.co.uk/1/hi/business/7555568.stm

Quote:

President pardons Hyundai's boss

South Korea's president has pardoned the Hyundai Motor boss Chung Mong-koo who was found guilty of breach of trust and embezzlement last year.
Mr Chung was given a three-year jail term, which was later suspended.

He was one of 341,864 people pardoned by President Lee Myung-bak to mark Liberation Day on Friday.
SK boss Chey Tae-won, who had been convicted of accounting fraud, and Kim Seung-youn of Hanwha Group, found guilty of assault, were also pardoned.

All three businessmen had received suspended prison terms and are still active in their companies.
Critics have accused South Korea of being too lenient on corporate criminals.

The Justice Ministry said the pardons were meant to help South Korea "break through the serious economic difficulties" it faces. Of the other pardons, the vast majority were for minor offences committed by civil servants, although 10,416 were for people who had committed criminal offences.


Last edited by crescent on Wed Aug 13, 2008 12:21 am; edited 1 time in total
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jdog2050



Joined: 17 Dec 2006

PostPosted: Wed Aug 13, 2008 12:15 am    Post subject: Re: Stealing 100million won is good for the economy. Reply with quote

crescent wrote:
So is tax fraud and election fraud. Nothing surprises me about this country anymore.

http://news.bbc.co.uk/1/hi/business/7555568.stm

Quote:

President pardons Hyundai's boss

South Korea's president has pardoned the Hyundai Motor boss Chung Mong-koo who was found guilty of breach of trust and embezzlement last year.
Mr Chung was given a three-year jail term, which was later suspended.

He was one of 341,864 people pardoned by President Lee Myung-bak to mark Liberation Day on Friday.
SK boss Chey Tae-won, who had been convicted of accounting fraud, and Kim Seung-youn of Hanwha Group, found guilty of assault, were also pardoned.

All three businessmen had received suspended prison terms and are still active in their companies.
Critics have accused South Korea of being too lenient on corporate criminals.

The Justice Ministry said the pardons were meant to help South Korea "break through the serious economic difficulties" it faces. Of the other pardons, the vast majority were for minor offences committed by civil servants, although 10,416 were for people who had committed criminal offences.


Gonna be a lot more of this under Iiiiiii Myung Bak
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crescent



Joined: 15 Jan 2003
Location: yes.

PostPosted: Wed Aug 13, 2008 12:16 am    Post subject: Reply with quote

Might as well let everyone go. Think of all the money room salons are losing!

341,800 convicted criminals freed, and a real good message to the young-uns out there.
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Milwaukiedave



Joined: 02 Oct 2004
Location: Goseong

PostPosted: Wed Aug 13, 2008 4:16 am    Post subject: Reply with quote

I can just imagine IF he could run for reelection (yes, thankfully he can't). His campaign slogan could be:

"Growing the economy through criminal activity"
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