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Samsung chief Lee Jae-yong was found not guilty by a Seoul court on Monday on charges of stock manipulation and accounting fraud connected to a controversial merger in 2015 of two Samsung affiliates.
Lee Jae-yong served 18 months in prison after being convicted in 2017 over separate bribery charges related to the 2015 deal. He was originally sentenced to five years in prison for offering 8.6 ...
Lee Jae-yong (Korean: 이재용; born June 23, 1968) is a South Korean business executive who has served as the executive chairman of Samsung Electronics since October 2022. [2] He is the only son of Lee Kun-hee and Hong Ra-hee. [3] As of December 2024, Lee has an estimated net worth of US$8.2 billion, making him the richest person in the ...
16 February – Vice president of Samsung, Lee Jae-yong (JY Lee), was arrested on bribery charges. Mr. Lee is accused of paying $36 million in bribes to Choi Soon-sil, in return for political favours. [54] [55] In November 2017 as part of further investigations into corruption during the Park presidency two former National Intelligence Service ...
In reducing Lee's sentence, Jeong overturned the district court's rulings on some of the bribery charges and stated "it is difficult to acknowledge that there was a comprehensive issue of Samsung's succession process." [15] Jeong also determined that "Chairman Lee Jae-yong was a victim of coercion by former President Park Geun-hye."
Samsung's third-generation scion Lee Jae-yong was also convicted of bribery and other charges for payments steered to foundations controlled by Park's confidant, Choi Soon-sil, in exchange for ...
Lee Jae-yong: Vice Chairman of Samsung Group [9] [10] Park Geun-hye: Former president of South Korea who was impeached and sentenced to prison for bribery, abuse of power, and other offenses. [11] [12] Kang Chang-gu: Serial killer, executed on April 17, 1990. Oen Bo-hyun: Spree killer, executed on November 2, 1995.
Lee, called Korea's "princeling," was charged for illegally using the anesthetic propofol, popular with K-pop stars. Samsung heir Lee Jae-yong fined for drug use Skip to main content