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Jay Lee, the heir and de facto leader of family-owned conglomerate Samsung, was sentenced to prison for 2 1/2 years in a retrial regarding his role in a bribery scandal involving the former president of South Korea.
Samsung heir Lee Jae-yong sentenced to 2.5 years in prison on bribery charges
18 Jan, 2021
Samsung heir Lee Jae-yong has been sentenced to two and a half years’ prison term over his involvement in a bribery scandal in 2015. The corruption scandal led to the ouster of the then South Korea President Park Geun-hye, who herself is facing a long prison term.
In a retrial on Monday, the Seoul High Court found Lee guilty of bribing President Park Geun-hye and her close confidante to approve a merger of two Samsung affiliates in a bid to increase the size of the conglomerate.
People at Gwanghwamun Square calling for punishment of president Park Geun-hye and Samsung chief Lee Jae-yong who has been questioned in corruption probe. (Image Credit: Shutterstock)