fbpx
Monday, April 29, 2024
Home Foreign News Samsung Heir not Appealing prison Sentence Handed Him

Samsung Heir not Appealing prison Sentence Handed Him

- Advertisement -
- Advertisement -
- Advertisement -
- Advertisement -

 

Samsung Electronics Vice Chairman, Lee Jae-yong decided not to appeal the ruling that sentenced him to two and a half years in prison for corruption charges, including bribery.

Local media reported on Monday, citing Lee’s lawyer.

The lawyer was quoted as saying that Lee decided to accept the judgment and not to appeal the ruling.

Lee, an heir apparent of South Korea’s biggest family-run conglomerate Samsung Group, was sentenced to two and a half years in jail for corruption linked to his management succession a week earlier.

With a suspended prison sentence, he was released from jail in February 2018 after serving about one year behind bars, but the Supreme Court returned the case to a high court calling for harsh punishment.

The special prosecutor team was also quoted as saying that it decided not to appeal the ruling as the team achieved its goal of finding the truth behind the corruption scandal.

The special prosecutor team had demanded a nine-year prison sentence against Lee.

Lee was charged with offering tens of millions of U.S dollars in bribes to former South Korean President Park Geun-hye in return for the assistance to his management succession.

The top court upheld a 20-year prison sentence on Park earlier this month for the corruption that led her to become the country’s first sitting South Korean president to be impeached. (Xinhua)

© 2021, Scud News. All rights reserved.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

FG Fines AEDC ₦200 Million For New Tariff Order Violation

FG Fines AEDC ₦200 Million For New Tariff Order Violation, and the company is to pay the fine for non-compliance with the new customer bands.

Female Nigerian Engineer Invents Breast Cancer-Detecting Bra

Female Nigerian Engineer Invents Breast Cancer-Detecting Bra, making the invention known globally by designing a prototype of the smart bra.

CJN To Tinubu: Let Your Ship Land, Berth Beautifully

CJN To Tinubu: Let Your Ship Land, Berth Beautifully, as Justice Olukayode Ariwoola, went spiritual on Monday, at the Aso Rock Villa, Abuja.

Kidnappers To Be Treated As Terrorists, Says Tinubu

Kidnappers To Be Treated As Terrorists, Says President Bola Tinubu, who condemned the acts perpetrated by these persons as reprehensible.

© 2020 – 2021, Scud News. All rights reserved.

error: Content is protected !!