Samsung boss Jay Lee jailed for bribery
A court on Friday sentenced the billionaire head of South Korea’s Samsung Group, Jay Lee, to five years in prison for bribery.
After a six-month trial over a scandal that brought down the then president, Park Geun-hye, a court ruled that Lee had paid bribes in anticipation of favors from Park.
The court also found Lee guilty of hiding assets abroad, embezzlement and perjury.
Lee, the 49-year-old heir to one of the world’s biggest corporate empires, has been held since February on charges that he bribed Park to help secure control of a conglomerate that owns Samsung Electronics,.
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