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Twelve years in prison required against Samsung chief in corruptiezaak

Twelve years in prison required against Samsung chief in corruptiezaak

Photo: AFP

South Korean prosecutors have Monday twelve years in prison required against the vice-chairman of Samsung Electronics, Jay Y. Lee.

The director of the electronics group is for bribery of the former South Korean president Park Geun-hye.

The 49-year-old ceo, who is in South Korea, Lee Jae-yong is called, is already since February, in custody. In addition to bribery, there is also a complaint of embezzlement against him. The scandal led to the resignation of president Park. Lee denies anything wrong to have done so.

The court is expected to issue a ruling on the 27th of August, when Lee’s pre-trial detention ends.

Payments

Formal is Lee, the vice-president of Samsung, but in practice he has all in control. His father Lee Kun-hee is the chairman, but is already a few years is seriously ill in the hospital.

According to the prosecutor, has Lee made payments for president Park to take the power of his group to expand. Samsung is the largest company of the country, with activities in many different sectors. Samsung in the Netherlands is primarily known for its electronics, but sells in South Korea also insurance, chemicals, and ships.

The lawyers for Lee say that the Samsung ceo is innocent, and that the public ministry through the public opinion is trying to condemn.

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