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Samsung Chief Gets 5-year Prison Term For Corruption by Omooba77: 8:15am On Aug 25, 2017 |
Samsung chief gets 5-year prison term for corruption. Lee, the billionaire son of Samsung's ailing chairman, was sentenced to five years in prison on Friday, well short of the 12-year prison sentence prosecutors had sought. The criminal conviction is a blow for Samsung, the world's largest smartphone maker and South Korea's biggest family conglomerate. The so-called "trial of the century" has gripped South Korea for months. It's part of a huge influence-peddling scandal that brought down the government of former President Park Geun-Hye. Park is also on trial. Related: South Korea's long history of light sentences for business leaders Wearing a navy suit and holding a manila envelope, Lee remained seated and silent as the judge read out the verdict. He was found guilty of bribing Park in exchange for government support for a merger that helped him tighten control over Samsung. The 49-year-old executive, who is also known as Jay Y. Lee, has been the de facto leader of Samsung since his ailing father was left incapacitated by a 2014 heart attack. Related: Samsung's Galaxy Note 8 aims to rebuild consumer trust The court also found Lee guilty of perjury, concealing criminal profits, embezzlement and hiding assets overseas. During the trial, prosecutors presented Lee as a savvy tycoonwho knew exactly what he was doing when Samsung paid tens of millions of dollars to entities linked to a confidante of Park. Lee denied any wrongdoing, and his lawyers are expected to appeal the verdict. http://money.cnn.com/2017/08/25/technology/samsung-verdict-jay-y-lee/index.html?sr=twCNN082517samsung-verdict-jay-y-lee0238PMStory
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Re: Samsung Chief Gets 5-year Prison Term For Corruption by Omooba77: 8:39am On Aug 25, 2017 |
Even in Korea
lalasticlala come and see.....Samsung of all people. |
Re: Samsung Chief Gets 5-year Prison Term For Corruption by Omooba77: 11:51am On Aug 25, 2017 |
There they dont do medial and propaganda trial ; unlike here that you are find guilty before going to court. |
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