Tag: jay y. lee
Samsung vice chairman Jay Y. Lee sent back to prison in bribery case
Samsung Electronics vice chairman Jay Y. Lee is back in prison following a retrial of his 2017 conviction in a bribery case that helped lead to the downfall of former South Korean president Park Guen-hye. The Seoul High Court sentenced Lee to 30 months on Monday. Lee was originally convicted…
Read MoreSamsung heir Jay Y. Lee is going back to jail for bribery
Samsung heir Jay Y. Lee has been sentenced to two and a half years of prison over bribery charges, wrapping up a court battle that started four years ago, Bloomberg has reported. Lee was originally jailed for five years back in 2017, but walked free… Source
Read MoreSamsung vice chairman Jay Y. Lee faces nine-year sentence in bribery case
Samsung Electronics vice chairman Jay Y. Lee faces a nine-year prison term in the bribery case that contributed to the downfall of former president Park Guen-hye. Prosecutors argued that the length of the sentence is warranted because of Samsung’s power as the largest chaebol, or family-owned conglomerate, in South Korea.…
Read MoreDisgraced Samsung heir likely won’t give company control to his children
In his first public statement since 2015, disgraced Samsung heir and vice chairman Jay. Y Lee has vowed that he will not hand over control of the company to his children. Reuters reports that in a televised press conference held at the company’s Seou… Source
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