Samsung's heir gets sentenced to 5 years in jail for corruption

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The billionaire head of Samsung has on Friday been sentenced to five years in prison. 

A court in South Korea found Lee Jae-yong guilty of bribery, a verdict that could prove damaging to the company's global reputation.

Lee, who is vice chairman of the Samsung Group, has for months been embroiled in a corruption scandal that has gripped South Korea.

The only son of Samsung Chairman Lee Kun-hee, South Korea's richest man, the younger Lee has been detained since February, on accusations of donating up to $38 million to various organisations at the request of former South Korean president Park Geun-hye, in return for political favours. Read more...

More about Samsung, South Korea, Corruption, Bribery, and Park Geun Hye


via Zero Tech Blog

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