Lee Jae-yong, Samsung’s billionaire heir and South Korea’s third-richest man, was sentenced Friday to five years in prison for his role in a sprawling corruption scandal that has gripped the country and toppled its former president.
Lee Jae-yong, the de facto head of Samsung, denied during his trial on Wednesday allegations that he bribed South Korea’s impeached ex-President Park Gue-hye to keep control of his business empire.
Former South Korean President Park Geun-hye pleaded not guilty on Tuesday in the first hearing of a criminal trial that could see her imprisoned for life.
South Korean prosecutors Monday indicted the second top businessman suspected of involvement in the bribery scandal that led to the arrest of ex-President Park Geun-hye and her childhood friend.
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