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Samsung Chief Jay Y. Lee Sentenced to a 5-Year Jail Term

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Samsung Group chief, Jay Y. Lee, arrives at the Seoul Central District Court in Seoul, South Korea, February 16, 2017. Shin Wong-soo/News1 via REUTERS

A South Korean court is set to decide on Friday if Samsung de-facto chief Jay Y. Lee is guilty of corruption.

Lee was accused by a special prosecutor’s office of bribing a close friend of former President Park Geun-hye to gain government favors.

The 49-year-old scion of the Lee family was detained in February.

Lee has the option of filing for an appeal.

More to come…

 

 

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Copyright 2017 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to www.signalng.com and other relevant sources.

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