Hello everyone, welcome to the article of Jinge's in-depth analysis.
The big chaebols in South Korea
When it comes to South Korea's political economy and culture, it is impossible to avoid a term - chaebol. In the eyes of everyone, the chaebols in South Korea are all single-handedly covering the sky, running amok, and even acting nonsense. However, in the 1980s, a South Korean president had a chaebol who was so dead that he even directly dismembered two big chaebols. But the people of South Korea did not like him, and could even be said to hate him to the extreme, because the president was called Chun Doo-hwan, and it was not necessarily a good thing that he did this.
President of the "Fifth Republic" of South Korea: Chun Doo-hwan
Fast forward to the 1980s, when Chun Doo-hwan seized the lead in a coup d'état after the assassination of President Park Chung-hee, he rose from military intelligence chief to the presidency and held military and political power. This usurpation of the throne caused a fierce reaction from the people of Busan, who rose up one after another to denounce it, and a fierce conflict undoubtedly broke out. In the conflict, Chun Doo-hwan has secretly set his sights on a big chaebol. This chaebol was the pioneer of plywood in Korea, and the company that paid the most taxes in Korea at that time was Dongming Timber.
Founder of Dongming Timber: Jiang Xizhen
As the leading enterprise in Busan, Dongming Timber was the seventh largest chaebol in South Korea at that time, but because of the rising price of raw materials, the company's capital flow was difficult. In 1980, when Kang Seok-jin, then chairman of Dong-ming Timber, was planning to find another way out, Chun Doo-hwan's military government suddenly accused him of illegal employment, attacking Jiang Xizhen's black-hearted entrepreneurs, and arresting him, his son Kang Jeong-nam, and more than two dozen company employees and torturing him. Jiang Zhengnan was arrested for more than twenty days before being released. On this ground, the military government directly confiscated all the family property of Dongming Timber on the grounds that the enterprise could not repay its debts. In the end, the old chairman was forced to be forced to do nothing, so he had to go out of the house and confiscate all the assets with a market value of one trillion won (that is, 584146 billion yuan) today. It may also be because of this influence, Jiang Xizhen died directly after four years. Affected by this, the Korean timber industry has directly regressed, and a large number of related enterprises have closed down, degenerating the original pure exporter of plywood into an importer.
Dongming University: It can be said that it is the only legacy of the Jiang family
The dismantling of Dongming timber has allowed a large number of important members of the junta to reap countless benefits, but Chun Doo-hwan's ambitions are not limited to this. He wants to make all the chaebols in Korea a tool for him to accumulate wealth, a tool for him to firmly grasp power. In 1983, he established the Nissan Foundation in the name of appeasing the victims of the "Aung San Incident", which effectively became a tool for his wealth. A fund collection costs South Korean chaebols 10 billion won, and at that time, many Korean companies were already poorly managed, but they were still forced to donate money. In the end, the amount of wealth accumulated was directly pulled from 10 billion won to more than 10 billion US dollars.
In this gang of chaebols, there is a hapless enterprise called the International Group, after the dissolution of Dongming Timber, the International Group took over as the largest enterprise in Busan and the seventh largest chaebol in South Korea. Similarly, the operation of the international group is also difficult, and the chairman Liang Zhengmo is a bit of a backbone person, do not want to how to win over Quan Douhuan, so the first time Liang donated the least, this side began to cause Quan Douhuan's dissatisfaction.
The international group logo, if not dismembered, can be juxtaposed with Samsung Hyundai and so on
Chun Doo-hwan was upset, but that didn't make him want to dismember the International Group. In the end, the reason for his dismemberment of the International Group was because of the 1986 election, when Chun Doo-hwan's faction was defeated at the local level, and the angry Chun Doo-hwan felt that the International Group did not support him, and Chun Doo-hwan's younger brother did not actively participate in the "Shinchon Movement" to make money. In the eyes of Quan Douhuan, this is completely an image of opposition, which is simply forcing Quan Douhuan to kill chickens and monkeys
Chun Doo-hwan's younger brother Jeon Kyung-hwan
So under the order of Chun Doo-hwan, the South Korean government cut off the loan of the international group, forcing the international group to detonate the debt problem. Later, he used this as an excuse to dismember the international group industry and hand it over to other chaebols to share the food. Poor Liang Zhengmo, chairman of the international group, not only lost his family, but his son also died in a car accident in the United States. It can be said that the family is broken.
Chairman of the International Group: Liang Zhengmo
Good and evil will eventually be rewarded, and soon after Chun Doo-hwan stepped down, these means of making money were exposed. Although its power has always wanted to cover up, the paper can not contain the fire after all. Chun Doo-hwan was arrested in late 1995 and charged with death on several charges, which were later commuted to life imprisonment.
Chun Doo-hwan, who was arrested
Although Chun Doo-hwan was pardoned by President Kim Young-sam on the grounds of "uniting all forces", the collection of his 220.5 billion won fine has not stopped, and in his later years has been completely buried in the insults of the Korean people, even after his death at the end of last year, the condemnation of him has not stopped, which can be described as a place to hide.
In his later years, Chun Doo-hwan