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Samsung heir jailed for corruption

Vice president and the de facto chief of Samsung Lee Jae-yong has been sentenced to five years in jail for corruption.

Samsung heir jailed for corruption

Samsung heir jailed for corruption

STEPANAKERT, AUGUST 25, ARTSAKHPRESS: The prosecutors were asking 12 years in prison over a corruption scandal involving former president Park Geun-hye, Interfax reported.

He denied the charges and the lawyer said on Friday they would appeal against the court's decision.

According to Bloomberg agency, the judgment might have a great impact on Samsung Electronics. Company’s shares fell from 0.2% to 1.5% after the verdict was voiced.


     

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