South Korean Court Gives Samsung Scion Lee Jae-yong Prison Term Over Bribery

Lee Jae-yong, Samsung Group heir, leaves after his verdict trial at the Seoul Central District Court in Seoul, South Korea on August 25, 2017.

In a much-anticipated retrial on Monday, the Seoul High Court found Lee guilty of bribing then-President Park Geun-hye and her close confidante to win government support for a 2015 merger between two Samsung affiliates. The deal helped strengthen his control over the country’s largest business group.

  • PTI
  • Last Updated: January 18, 2021, 13:15 IST
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Billionaire Samsung scion Lee Jae-yong is heading back to prison after a South Korean court sentenced him to two and a half years over his involvement in a 2016 corruption scandal that spurred massive protests and ousted South Korea’s then-president.

In a much-anticipated retrial on Monday, the Seoul High Court found Lee guilty of bribing then-President Park Geun-hye and her close confidante to win government support for a 2015 merger between two Samsung affiliates. The deal helped…

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