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Corruption scam: Samsung heir Lee Jae Yong gets 2.5-yr prison term Samsung

Corruption scam: Samsung heir Lee Jae Yong gets 2.5-yr prison term

India Blooms News Service | @indiablooms | 18 Jan 2021, 05:33 pm

Seoul/UNI: The de facto chief of South Korea's Samsung company Lee Jae Yong was sentenced to two-and-a-half years in jail over corruption charges on Monday.

According to Seoul Central District Court, ''Lee actively provided bribes and implicitly asked the president to use her power to help his smooth succession" at the head of the Samsung,
The 52-year-old was first arrested in February 2017, in connection with a bribery case linked to the country's then president Park Geun-hye.

In 2017, he was sentenced to five years in prison for providing money in support for Choi Soon-sil's daughter's equestrian training and a donation to a sports foundation run by Choi's family. Choi was a longtime friend of Park Geun-hye, Yonhap news agency reported.

Subsequently, the sentence was halved, while the Seoul High Court decided to suspend the punishment, acquitting the accused.

Afterwards, the country's apex court sent the case back to the Seoul High Court, which on Monday delivered the verdict.