Shares of groups related to South Korean-conglomerate Samsung Group plunged on Monday after Samsung heir Jay Y. Lee was handed a 30-month year jail term by a South Korean court on Monday.
Jay Y. Lee, co-vice chairman of Samsung Electronics, center, wears a protective mask as he is surrounded by members of the media while arriving at the Seoul Central District Court in Seoul, South Korea, on Monday, June 8, 2020.SINGAPORE — Shares of groups related to South Korean-conglomerate Samsung Group plunged on Monday after Samsung heir Jay. Y Lee was sentenced toBy Monday's market close in South Korea, shares of industry heavyweight Samsung Electronics fell 3.41%.
With such zero tolerance actions on corruption is there any doubt as to why the Asian tigers seem to be prospering as opposed to the hypocrisy, cronyism and sacred cows mentality of the sanctimonious west led by the US, where a prez can lead insurrection yet be defended by some
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