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Samsung s Lee cleared of manipulating merger to pave way for chaebol succession

5-year sentence sought for Samsung chief in connection with 2015 merger of affiliates

Prosecutors demanded a five-year prison sentence for Samsung Electronics Chairman Lee Jae-yong on Friday on charges of stock price rigging and accounting fraud connected to the controversial 2015 merger of two Samsung affiliates.

Samsung boss may face up to 5 years of prison on stock price rigging charges

Samsung Electronics chairman Lee Jae-yong is facing up to five years of prison in connection with stock price rigging during 2015 merger. - SamMobile

Prosecutors seek 5-year sentence for Samsung chief over fraud connected to 2015 merger

The prosecution on Friday demanded five years in prison for Samsung Electronics Chairman Lee Jae-yong on charges of stock price rigging and accounting fraud connected to the controversial 2015 merger of two Samsung affiliates. Prosecutors also requested a fine of 500 million won ($387,000) for Lee during the final hearing at the Seoul Central District Court. Lee is charged with stock price rigging, breach of duty and.

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