Lee Jae-yong

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Samsung Chief Is Needed at Work, Will Be Pardoned

Lee Jae-yong's pardon is partially symbolic since he was released on parole a year ago

(Newser) - The heir and de-facto leader of Samsung, twice imprisoned for bribing a former president of South Korea, has just received a presidential pardon. Lee Jae-yong's pardon is partially symbolic since he was released on parole a year ago after serving 18 months of a prison term that would have...

Samsung Chief: I Used Drug That Killed Michael Jackson

Lee Jae-yong admits in court he partook in propofol many times over 5-year period, says he's 'regretful'

(Newser) - More troubles have emerged for Samsung chief Lee Jae-yong, who admitted in court this week he's used a controlled substance illegally—and quite a bit of it. Reuters reports that in Seoul Central District Court on Tuesday, Lee copped to partaking in the sedative propofol more than three dozen...

His Case Helped Oust a President. Now He's Free on Parole

Samsung's Lee Jae-yong out of prison after 18 months of 30-month sentence

(Newser) - Samsung leader Lee Jae-yong walked out of prison Friday a year early, in a parole decision showing the conglomerate's outsize influence in South Korea. Lee left the prison near Seoul to a barrage of camera flashes and bowed in apology over the anger ignited by his case, related to...

Samsung Billionaire's 3 Years of Freedom Are Over

Lee Jae-yong's retrial in S. Korea corruption scandal earns him 2.5 years more in prison

(Newser) - Billionaire Samsung scion Lee Jae-yong was sent back to prison on Monday after a South Korean court handed him a 2.5-year sentence for his involvement in a 2016 corruption scandal that spurred massive protests and ousted South Korea's then-president. In a much-anticipated retrial, the Seoul High Court found...

Samsung Heir Walks Free After Surprise Court Decision

Lee Jae-yong spent a year in prison

(Newser) - Samsung heir Lee Jae-yong was freed Monday after a South Korean appeals court gave him a 2.5-year suspended jail sentence for corruption in connection with a scandal that toppled the country's president. The Seoul High Court softened the original ruling against Lee , rejecting most of the bribery charges...

Billionaire Samsung Heir Sentenced to 5 Years In Prison

Lee Jae-yong guilty of bribing former president

(Newser) - A South Korean court has sentenced the billionaire Samsung heir to five years in prison for bribery and other crimes that fed public anger leading to the ouster of Park Geun-hye as South Korea's president. The Seoul Central District Court said Friday that Lee Jae-yong , 49, was guilty of...

'Trial of the Century' Begins in S. Korea
'Trial of the
Century' Begins
in S. Korea
RUNDOWN
Mar 9, 2017 9:54 AM CST

'Trial of the Century' Begins in S. Korea

It'll be fierce, if first hearing is any indication

(Newser) - The "trial of the century" has begun in South Korea, where a vice chairman at Samsung Electronics faces bribery and embezzlement charges after allegedly giving $36 million to President Park Geun-hye and her close friend Choi Soon-sil in order to win government support for a 2015 merger. Lee Jae-Yong,...

After Shock Arrest of Samsung Heir, the Indictment

Lee Jae-yong faces bribery, embezzlement charges

(Newser) - Following a three-month investigation, South Korean special prosecutors indicted Samsung's de facto chief Tuesday on bribery, embezzlement, and other charges linked to a political scandal that has toppled President Park Geun-hye . The indictment of Lee Jae-yong, a vice chairman at Samsung Electronics and the only son of the ailing...

S. Korea Stunned by Arrest of Samsung Leader

Lee accused of bribing government

(Newser) - South Korea was taken by surprise Friday with the arrest of the scion of the country's richest family and de facto leader at Samsung over his alleged involvement in a massive corruption scandal that engulfed the president and riveted the nation. Prosecutors believe Lee Jae-yong, 48, a vice chairman...

Arrest Warrant Issued for Samsung Boss

Lee Jae-yong accused of embezzlement, bribery

(Newser) - In a departure from the leniency typically given South Korean big businesses, prosecutors on Monday requested the arrest of the de facto head of Samsung Electronics, the country's most valuable company, in an influence-peddling scandal that has toppled the country's president , the AP reports. Lee Jae-yong, the 48-year-old...

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