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Samsung Caught Bribing Government Officials
Dekortage writes "Allegedly, electronics giant Samsung Electronics attempted to bribe a South Korean government official with 5 million won (US$5,445). Ironically, the official was Lee Yong-chul, who was a presidential monitor against corruption at the time. This is the latest allegation against Samsung, which was recently accused of running 'a vast network of bribery through the government, the judiciary branch and the news media' that reaches all the way to South Korean President Roh Moo Hyun."
Who's going to pay me not to criticise them in my comment?
Geez, handing a politician an actual suitcase full of cash went out with Huey Long. The smart companies figured out long ago that there were much better, technically legal, ways to bribe their politicians.
SJW: Someone who has run out of real oppression, and has to fake it.
I've spent enough time there to know that token respect bribes are just a part of how business gets done. I'm sure most of the large corporations are doing the same, it just seems Samsung slipped up and got caught.
That it was $5,000 worth of old Samsung CRTs.
...also known as Washington lobbyists in the United States.
He who knows best knows how little he knows. - Thomas Jefferson
This is unheard of. We must stop samsung before this sort of behavior spreads and becomes endemic to countries in the region.
That's not "irony". That's evidence that Samsung was also bribing or otherwise corrupting the government that Lee was paid not to monitor.
Even Alanis Morissette knows that bribing a cop to freely rob a house isn't "ironic".
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make install -not war
I didn't know you could buy off such a major official for only $5500. "Oh, sure, I'll risk public shame and losing all my influence in exchange for a week's pay."
Apology to Ubuntu forum.
no wonder my Samsung cell keep dialing 911 inadvertently...
It's the classic Homegrown dilema. Bribe the cop too much, and he expects it from them on. Bribe him too little and he is insulted and busts you.
SJW: Someone who has run out of real oppression, and has to fake it.
...the market will work it out
I grew up a bit naive, believing my country is different from others in terms of corruption, with all our checks and balances and just our culture. In other countries where corruption runs high, people just accept it as a way of life. But now I am reading all about corruption in my country and it just made me realize that our form corruption is most dangerous. Corruption hides behind all these wack laws and loopholes so alot of times we won't/can't recognize it as corruption, while other poor countries - tho they are off worse - know full well what it is.
You see, those countries' peoples will have a chance to fight because they know what it is. Depends on how bad they're willing to shed blood. THat's why their "leaders" rule with an iron hand. They're AFRAID OF THE PEOPLE. US, on the other hand - we don't even have the will to fight. We're too comfortable. Corruption THRIVES on this. Corruption doesn't have to rule with an iron hand. They know the sheep are fat and lazy.
We've all taken the red pill.
This is another one of those slashdot moments that could easily be fixed with a bit of that pesky "editing" that the editors around here seem to loathe. Nearly every comment I'm reading talks about how the government official was corrupt, but a simple read of the article shows that he in fact REFUSED the bribe. There is no hypocrisy there--he is in charge of monitoring bribery in the government, Samsung attempted to bribe him, he refused it and is now using their attempt in a government case against Samsung. That is EXACTLY what he's supposed to be doing!
This guy's the limit!
I read in Time magazine (yes, the near-leftist weekly reminder of recent pop history) that "Americans purchase 7600 Samsung LCDs per day". I'm guessing that is both TVs and monitors. Still...per day. I think in the most profitable stage of my burgeoning sales career, I only sold 15 cups of lemonade in one day. Perhaps if I'd bribed local officials....
If someone dropped 250k in my lap, I wouldn't say anything, not a damn word. 5k, however, is a little shallow for a bribe. I would say it's worth it for the respect you could get for coming clean about it.
In conclusion, I think Samsung should give me 250k so I can prove my point.
Abaddon: An Xbox 360 Indie game
As early as 60s in Korea, Govn't have been helping chaebols http://en.wikipedia.org/wiki/Chaebol/ in the effort to push industrialization. This is not news and oftentimes government officials were found laundrying billions of korean won making laws in favor of giants or chaebols in Korea. in korea samsung has its own nicknames like "samsung empire", "republic of samsung". just like microsoft has been often favored by the court and govn't, samsung will remain bully for sometime until there are like 10 another samsung-like-giants in Korea. what do samsung do? electronics, heavy industries, weapons, entertainment....investing in samsung stock is like investing in index fund of some country...it's madness!
And as somebody who lives in their back yard, what you say is incorrect. Dobson has been cuaght a number of times pushing candidates and ppl just below him pushing all sorts of money. The only difference between MoveOn, Club for Growth vs. Moral Majority, the Catholic church, and FotF, is that the later pretend to be about religion. They are ALL about pushing their agendas.
I prefer the "u" in honour as it seems to be missing these days.
Believe me, it isn't.
Apparently in an attempt to make it harder to bribe people, the highest denomination banknote here is 10,000 won, which is about ten dollars (a 50,000 won note is in the works). I bought a mac with cash, and it was like trying to buy a loaf of bread in Germany in 1929. I almost needed a wheelbarrow to transport the full amount.
"by that I mean people who don't sit on slashdot all day wondering why everyone else isn't building robots" DECS