Don’t miss the latest developments in business and finance.

Samsung heir Lee Jae-Yong jailed for 5 years on corruption charges

Seoul Central District Court convicted Lee, 49, the vice-chairman of Samsung Electronics

Lee Jae-yong
Samsung Vice-Chairman Jay Y Lee and his lawyers say that he is innocent — and that he did not know enough about Samsung or South Korean politics to commit the crimes he is accused of | Photo: Reuters
AFP | PTI Seoul
Last Updated : Aug 25 2017 | 12:43 PM IST
Samsung heir Lee Jae-Yong was sentenced to five years in prison today for bribery, perjury and other crimes.

The Seoul Central District Court convicted Lee, 49, the vice-chairman of Samsung Electronics, the world's largest smartphone maker, of offences related to the corruption scandal that brought down ousted president Park Geun-Hye.

More From This Section

First Published: Aug 25 2017 | 12:22 PM IST

Next Story