Published 22:58 IST, October 24th 2019

Samsung Heir Jay Y Lee's trial in a bribery scandal begins in S Korea

The trial of a bribery case which included heir of South Korea technology giant Samsung Group will begin on October 22 after the SC said that it must bereviewed

Reported by: Divyam Jain
Follow: Google News Icon
  • share
null | Image: self
Advertisement

trial of a bribery case which included heir of South Korea techlogy giant Samsung Group reportedly began on October 22, after Supreme Court of South Korea said  case should be reviewed by a lower court hinting at a tougher sentence.  trial has come in wake of South Korea's President Moon Jae-in seeking help from business leers to revive troubled South Korean ecomy.

Re: South Korean Prosecutors Arrest Ex-minister’s Wife

Advertisement

Case History

In August this year, Supreme Court of South Korea h reportedly overturned part of an appeal from a court's conviction in a bribery case against Samsung's de facto chief Jay Y. Lee who was given two and a half year suspended sentence for seeking favours from South Korea’s former President Park Geun-Hye. top court of country h said interpretation of Seoul High Court was too narrow as to what constituted bribes. 

A lawyer who is t involved in case said that Seoul High Court is unlikely to make a decision this year since prosecutors and Lee's lawyers are fighting tough in this round. 

Lee who is 51 is scheduled to attend hearing on October 25, which is required by law for defendants in criminal cases as per legal experts. case against Lee revolves around wher three horses which were donated by Samsun Group be considered as bribes aimed at winning Park's favour in Samsung's succession planning. horses reportedly were presented to daughter of Park's aide, Choi Seo-won who is a professional horse rider.

Advertisement

Supreme Court said  appeals court committed an error by t recognising fact that horses were given as bribes by Samsung to win favours which raised rumours that Lee can go to jail again. Lee who is chairman of Samsung Electronics has alrey served one year in prison but later walked free after appeals court reduced five-year jail sentence and suspended it to three years. 

Re: re's A Problem With Galaxy S10's Fingerprint Reer, Samsung mits

Advertisement

Samsung declines to comment

However, ufficially re has been a response from an employee of Samsung who reportedly has stated Samsung hopes to see end of this uncertainty as soon as possible.  trial has come in wake of South Korea's President Moon Jae-in seeking help from business leers to revive troubled ecomy whose data recently revealed that South Korean ecomy has slowed more than expected in third quarter.

Moon thanked Lee for Samsung's commitment at an event earlier this month unveiling an $11 billion investment in display techlogies.

Advertisement

Re: Samsung Expresses Apprehensions About Difficult Times For Chipmakers

Re: w Apply For A Loan And Buy Samsung Phones At A 0% Interest Rate

Advertisement

18:35 IST, October 24th 2019