Samsung: Lee Jae-Yong sentenced jailed for 5 years

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As per the recent reports, Lee Jae-Yong, the vice-chairman of Samsung was pronounced guilty in connection with offering bribes to the country’s former president Park Geun-Hye.

It was observed that the Lee Jae-Yong was also found guilty hiding assets overseas, perjury and embezzlement.

Lee Jin-dong, Presiding judge of Seoul Central District Court said in a statement, “The essence of the case is the close links between political power and economic power”.

It was reported that earlier the bench of judges has termed 12-year prison against the Samsung heir Lee Jae-Yong.

Although, in his defense, Lee has denied all the allegations against him.

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