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

Samsung's Jay Y Lee receives two-and-a-half year jail term in bribery case

South Korea's Seoul High Court sentenced Samsung Electronics vice chairman Jay Y Lee to a two-and-a-half year jail term, the court said on Monday

Jay Y Lee, Samsung
File Photo: Samsung Group heir Jay Y Lee (Photo: Reuters)
Reuters SEOUL
1 min read Last Updated : Jan 19 2021 | 12:51 AM IST

SEOUL (Reuters) - South Korea's Seoul High Court sentenced Samsung Electronics vice chairman Jay Y. Lee to a two-and-a-half year jail term, the court said on Monday.

Lee, 52, was convicted of bribing an associate of former President Park Geun-hye and jailed in 2017, but the sentence was reduced and suspended on appeal. The Supreme Court then sent the case back to the Seoul High Court, which ruled on Monday.

 

(Reporting by Joyce Lee; editing by Richard Pullin)

More From This Section

Topics :SamsungSamsung ElectronicsJay Y Lee

First Published: Jan 18 2021 | 11:33 AM IST

Next Story