Asia & Australia

September 01, 2017

Corruption charges against Samsung heir, sentenced 5 years of imprisonment


Samsung

An accusation of making huge donations to a friend running a foundation and confidante of the deposed South Korean president, Park Geun-hye, has been put on Samsung Empire heir, the third richest in South Korea, as a thanksgiving for political favours.

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

Lee’s lawyers said they would appeal. “As a lawyer I cannot possibly agree with the juridical decisions and acknowledged facts involved in the verdict,” the Samsung attorney Song Woo-cheo said outside the court.

“We will appeal against the decision and I am sure that in the appellate trial all the charges will be dismissed.”

Along with these, Lee was also convicted for embezzlement, hiding assets overseas, concealment of criminal proceeds, and perjury leading prosecutors to originally ask for a 12-year sentence.

Lee’s case could end up being decided by the country’s Supreme Court, possibly next year. There were four other former Samsung executives that were also convicted in connection to this case.

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