20. February 2012 09:46
The 80 year-old chairman of Samsung Electronics, Lee Maeng Hee is suing his younger brother Lee Kung Hee (70) over shares inherited from their late father who founded the company in South Korea back in 1938.
The chairman seeks assets worth £396mn (Won700bn) and claims that, after the death of their father in 1987, the younger brother took over the shares that belonged to other people. The claim involves eight million shares in Samsung Life insurance and others in Samsung Electronics. It all seems of out this world – perhaps from another Galaxy?