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Samsung and South Korea: What next after Lee s bribery conviction?

Samsung and South Korea: What next after Lee s bribery conviction? dw.com 1/19/2021 Frank Smith (Seoul) The heir to the Samsung conglomerate is going back to jail and South Korea is again examining the dirty intersection of all-powerful chaebols and political leadership. © picture-alliance/dpa/Getty Images/AP/Chung Sung-Jun Lee s Samsung group is at the center of South Korea s economy Both sides of South Korea s political divide were surprised by Monday s decision to put Lee Jae-yong, the de-facto head of the Samsung Group, behind bars again for his role in a 2016 bribery scandal that ousted a former president and exposed a widescale culture of corruption.

Samsung and South Korea: What next after Lee′s bribery conviction? | Asia| An in-depth look at news from across the continent | DW

Samsung s Lee Jae Yong sent back to prison Experts on both sides have suggested the verdict will enhance at least the semblance of transparency. Lee Kang-hoon of the People s Solidarity for Participatory Democracy welcomed  Monday s result. This case tells us that no one is above the law, even if it s the Samsung owner. The bribery charges are related to Lee offering 8.6 billion won ($7 million, €6.4 billion) in bribes, including horses, to the daughter of a confidante of former President Parkto win government support for the controversial merger of two Samsung affiliates as a key step toward his succession. Lee was first convicted and sentenced in 2017, but was released on appeal early in 2018.

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