Samsung heir could face seven years imprisonment

South Korean prosecutors have recommended imprisoning a billionaire Samsung heir for 12 years if he is condemned of bribery and other crimes in a national corruption scandal. Prosecutors’ recommendation on Monday closes the four-month-long<a href="https://www.pakistantoday.com.pk/2017/08/07/samsung-heir-could-face-seven-years-imprisonment/" title="Read more" >...</a>

PakistanToday

August 7, 2017

1 min read
Samsung heir could face seven years imprisonment

South Korean prosecutors have recommended imprisoning a billionaire Samsung heir for 12 years if he is condemned of bribery and other crimes in a national corruption scandal.

Prosecutors’ recommendation on Monday closes the four-month-long hearing over the allegations against Lee Jae-yong.

The 49-year-old vice chair at Samsung Electronics was accused in February on charges including offering $38 million in bribes to a friend of then-President Park Geun-hye to seek government help in a union that strengthened his control over Samsung. Park was removed from office and is being tried separately.

Lee has denied all charges and distanced himself from Samsung’s now-disbanded private strategy office that oversaw the merger at the centre of the scandal.

The charges could entail at least five years in prison if Lee is convicted.

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