Friday, August 25, 2017

Samsung boss sentenced to 5 years in prison for corruption


Following drama-ridden couple of months, Samsung heir Lee Jae-yong has been sentenced to serve five years in prison on corruption charges. The decision comes after the Samsung boss was originally detained back in February for bribery, embezzlement and hiding assets overseas. The ruling was delivered yesterday in a court in South Korea, the BBC reports. Despite denying all charges, Lee was facing up to 12 years in prison for making donations in the vicinity of $36 million to non-profit organizations operated by Choi Soon-sil, a close acquaintance of disgraced former president Park Geun-hye. In return, the Samsung boss purportedly received…

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