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Former Samsung chairman appeals conviction

Other News Materials 23 July 2008 12:53 (UTC +04:00)

Former Samsung chairman Lee Kun-hee has appealed a conviction for tax evasion, days after prosecutors filed a similar appeal to the court, reported CNN.

Erin Lee, a Samsung official handling Lee's case, said Wednesday that Lee's office filed the appeal to the Seoul Central District Court.

Lee, one of the country's richest men and an iconic business figure, was convicted earlier this month for not paying about 47 billion won ($46 million) in taxes and ordered to pay a fine of 110 billion won ($108 million. However, he was spared prison time, even though tax evasion carries a possible sentence of up to life.

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