Stella Dimoko Korkus.com: Court Sentences Samsung Heir To Five Years In Prison For Bribery And Other Crimes

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Friday, 25 August 2017

Court Sentences Samsung Heir To Five Years In Prison For Bribery And Other Crimes

A bribery and cronyism scandal that has already toppled a South Korean president has claimed a major business scalp after a court sentenced Lee Jae-yong, the acting chairman of Samsung, to five years in prison after finding him guilty of offering bribes and other crimes.




The billionaire, who is South Korea’s third-richest man and heir to the Sprawling Samsung empire, had been accused of making large donations to foundations run by a close friend and confidante of the deposed South Korean president, Park Geun-hye, in return for political favours.


The court said Lee had provided bribes anticipating support from Park, who was still president at the time, according to South Korea’s Yonhap news agency.


The court also found Lee guilty of hiding assets abroad, embezzlement and perjury.

Lee’s lawyers are expected to appeal, and the case could end up being decided by the country’s supreme court, possibly next year.


While the 49-year-old, who is also known as Jay Y Lee, was spared the 12-year term demanded by prosecutors, his sentence is the longest given to any South Korean chaebol leader.


-From The Guardian

15 comments:

Red Wine said...

Is ok

Yori Yori Princess Loveme Jeje said...

Na wa. Na poor man dey go jail for here oooo. Imagine Samsung Acting Chairman and billionnaire for that matter.

May God help this country

princey 123 said...

south Koreans and their madness

KIDJO said...

This is so sad, who will produce the Samsung Galaxy Note 9 that I've been saving money for?😭😭😭😭
Please,I'm pleading on behalf of other Samsung users and myself, make una leave our person alone o...

I know most Chinkos don't understand English hence the translation down below πŸ‘‡

πŸˆ³πŸˆšπŸ‰πŸ‰‘πŸˆΆπŸˆ²πŸˆ·㊗πŸˆ―πŸˆΉπŸˆ²πŸˆ³πŸˆ΄πŸˆ΅πŸˆΆπŸˆΊπŸ‰πŸ”₯πŸˆΈπŸˆ³πŸˆ‚㊗🈚🈲🈳🈴

Miss Ess said...

Nobody is above the law....a country that works

Brain and Beauty. said...

That's how it's supposed to be not our Nigeria that law only works for poor.Can the third richest man in Nigeria go to prison for any crime???.The answer is obviously NO.How do we grow when we see some people as untouchable???.

treasure BB said...

Lmfaooooo @Kidjo

Anonymous said...

That is a country people! A whole Samsung heir facing jail time. In Naija my country the rich are untouchable, they never go to jail, highest they return the funds and walk free to enjoy the left over loot. In my next life I will not be a Nigerian.

Unique said...

A country where the law works!
I pray Nigeria will be like this some day

Chuks Bruno said...

Now LG will be laughing @ them and using tag like "we have integrity like our new LG V30"...πŸ˜€πŸ˜€πŸ˜€ Hardcore phone OEM fans will understand

Broomstick said...

Ah mbok who will dash is this kind of legal system? This kinda government that works?!

Lacey Love said...

πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ€£πŸ€£πŸ€£πŸ€£πŸ€£

Baby_kingsway said...

Chaebols and their wahala.. But Samsung family is trying sha. After their daughter's suicide and now this... I bet dude will go to jail for 6 months and he will be released for medical reasons.

jelly said...

Easy on him, though bribery and corruption is not good

Anonymous said...

Who are the O'chinkos? You just be looking for trouble. Pencil lips

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