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Samsung chairman named as suspect in tax evasion case

S Korean police say Lee Kun Hee managed funds in 260 bank accounts, suspected of evading 8.2b won in taxes

Published Thu, Feb 8, 2018 · 09:50 PM

Seoul

SAMSUNG Electronics' ailing chairman, Lee Kun Hee, was named by South Korean police on Thursday as a suspect in an 8.2 billion won (S$10 million) tax evasion case that involved the use of bank accounts held by employees.

A series of scandals have dogged the family of Samsung, the country's biggest business empire.

The chairman's son Jay Lee, heir to the Samsun…

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