{"id":144604,"date":"2020-12-31T03:37:35","date_gmt":"2020-12-31T00:37:35","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/prosecutors-seek-9-year-prison-term-for-samsung-chief-lee-jae-yong\/"},"modified":"2020-12-31T03:37:35","modified_gmt":"2020-12-31T00:37:35","slug":"prosecutors-seek-9-year-prison-term-for-samsung-chief-lee-jae-yong","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/prosecutors-seek-9-year-prison-term-for-samsung-chief-lee-jae-yong\/","title":{"rendered":"#Prosecutors seek 9-year prison term for Samsung chief Lee Jae-yong"},"content":{"rendered":"

“#Prosecutors seek 9-year prison term for Samsung chief Lee Jae-yong<\/strong>”
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South Korean prosecutors on Wednesday requested a nine-year prison term for Samsung\u2019s de facto chief, Lee Jae-yong, during his bribery retrial, where Lee apologized and vowed not to be implicated in similar allegations in an app<\/a>arent plea for leniency.<\/p>\n

The case is a key element in an explosive 2016 scandal that triggered months of public protests and toppled South Korea\u2019s president. A ruling on Lee could send him back to prison on charges that he bribed former President Park Geun-hye and her longtime confidante to get the government\u2019s backing for his push to solidify his control over Samsung.<\/p>\n

The retrial comes as Lee faces immense pressure to navigate Samsung\u2019s transition after his father and Samsung Electronics Chairman Lee Kun-Hee died in October.<\/p>\n

A team of prosecutors led by independent counsel Park Young-soo demanded the Seoul High Court sentence Lee to prison. They said Samsung \u201cmore actively sought unjust benefits\u201d than other businesses with regard to the 2016 scandal. The prosecutors said Samsung, which is South Korea\u2019s biggest company, should \u201cset the example\u201d for efforts to root out corruption.<\/p>\n

\u201cSamsung is a business group with overwhelming power, and there is even a saying that South Korean companies are divided into Samsung and non-Samsung ones,\u201d the prosecutors said in closing comments. \u201cThe rule of law and the egalitarianism principle \u2026 are meant to punish those in power and those with the economic power in line with the equal standard.\u201d<\/p>\n

Prosecutors also asked the court to sentence three former Samsung executives to seven years in prison and another former executive to five years.<\/p>\n

Lee, 52, vice chairman of Samsung Electronics, was sentenced in 2017 to five years in prison for offering 8.6 billion won ($7 million) in bribes to Park and her longtime confidante Choi Soon-sil. But he was freed in early 2018 after the Seoul High Court reduced his term to 2\u00bd years and suspended his sentence, overturning key convictions and reducing the amount of his bribes.<\/p>\n

Last year, the Supreme Court returned the case to the high court, ruling that the amount of Lee\u2019s bribes had been undervalued. It said the money that Samsung spent to purchase three racehorses used by Choi\u2019s equestrian daughter and fund a winter sports foundation run by Choi\u2019s niece should also be considered bribes.<\/p>\n

During Wednesday\u2019s court session, Lee\u2019s lawyers said the basic nature of the 2016 scandal was about ex-President Park\u2019s abuse of power that infringed upon the freedom and property rights of businesses. The lawyers said Lee and the other ex-Samsung executives embroiled in the scandal weren\u2019t able to resist the pressure by Park and Choi and that they and Samsung didn\u2019t receive any special favors from Park\u2019s government.<\/p>\n

Lee apologized over the case, saying that \u201ceverything is my fault\u201d and that \u201cI deeply repent and am ashamed of myself.\u201d Lee said he\u2019ll never engage in any activity that can cause misunderstanding and pledged to focus on making contribution to South Korean society.<\/p>\n

Lee also reiterated his earlier promise not to pass the management rights to his children and to stop suppressing employee attempts to organize unions.<\/p>\n

The Seoul High Court is to issue a ruling on Jan. 18, according to South Korean media<\/a> reports.<\/p>\n

In September, prosecutors separately indicted Lee on charges of stock price manipulation, breach of trust and auditing violations related to a 2015 merger between two Samsung affiliates that helped strengthen Lee\u2019s control over the group\u2019s crown jewel, Samsung Electronics.<\/p>\n

Lee\u2019s lawyers denied the charges, calling them \u201cone-sided claims.\u201d They say the 2015 merger was \u201cnormal business activity.\u201d\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Prosecutors seek 9-year prison term for Samsung chief Lee Jae-yong” South Korean prosecutors on Wednesday requested a nine-year prison term for Samsung\u2019s de facto chief, Lee Jae-yong, during his bribery retrial, where Lee apologized and vowed not to be implicated in similar allegations in an apparent plea for leniency. The case is a key element…<\/p>\n","protected":false},"author":1,"featured_media":144605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/12\/samsung-chief-faces-9years-1.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[88149,71478,70673,73111,77104],"class_list":["post-144604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-12-30-20","tag-bribery","tag-corruption","tag-prison","tag-samsung"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/144604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=144604"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/144604\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/144605"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=144604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=144604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=144604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}