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SAMSUNG BOSSES PAY US$16.8 MLN IN DAMAGES.

AsiaPulse News,  January, 2004  

Tags: Samsung Electronics Co. Ltd.

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SEOUL, Jan 19 Asia Pulse - Samsung Group chairman Lee Kun-hee and four former and current Samsung Electronics executives have paid US$16.8 million in damages for causing heavy losses through mismanagement, an influential civic group said Saturday.

"A senior Samsung official informed us that chairman Lee has refunded 8 billion won (US$6.7 million) to Samsung Electronics to compensate for ...