{"id":412624,"date":"2017-08-25T08:38:54","date_gmt":"2017-08-25T08:38:54","guid":{"rendered":"https:\/\/ghana-mma.com\/2017\/08\/25\/samsung-heir-lee-jae-yong-jailed-for-corruption\/"},"modified":"2017-08-25T08:38:54","modified_gmt":"2017-08-25T08:38:54","slug":"samsung-heir-lee-jae-yong-jailed-for-corruption","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2017\/08\/25\/samsung-heir-lee-jae-yong-jailed-for-corruption\/","title":{"rendered":"Samsung heir Lee Jae-yong jailed for corruption"},"content":{"rendered":"<p><\/p>\n<div>\n<aside class=\"mashsb-container mashsb-main mashsb-stretched\">&#13;<br \/>\n                <\/aside>\n<p><!-- Share buttons by mashshare.net - Version: 3.4.4--><\/p>\n<p class=\"story-body__introduction\">A court in South Korea has sentenced Samsung\u2019s billionaire heir-apparent Lee Jae-yong to five years in prison for corruption.<\/p>\n<p>Mr Lee was accused of bribery in a scandal that also saw the impeachment of South Korea\u2019s former president.<\/p>\n<p>The case has gripped the public amid growing anger against South Korea\u2019s biggest companies, known as chaebols.<\/p>\n<p>Mr Lee, who denied all charges, had faced a jail sentence of up to 12 years.<\/p>\n<p>Also known as Jay Y Lee, the de facto head of the world\u2019s largest smartphone maker had been detained since February on a string of corruption charges.<\/p>\n<p>These included including bribery, embezzlement and hiding assets overseas.<\/p>\n<p>The 49-year-old was accused of giving donations worth 41bn won ($36m; \u00a329m) to non-profit foundations operated by Choi Soon-sil, a friend of South Korea\u2019s former President Park Geun-hye, in return for political favours.<\/p>\n<p>Prosecutors alleged that the donations were made to Ms Park\u2019s confidante to win government support for a big restructuring of Samsung that would strengthen Mr Lee\u2019s control over Samsung Electronics.<\/p>\n<p>A lawyer for Mr Lee has said already said they will appeal against the decision.<\/p>\n<p>\u201cWe are confident the ruling will be overturned,\u201d lawyer Song Wu-cheol told reporters after the ruling, according to Reuters.<\/p>\n<p>Nevertheless this ruling represents a huge blow to South Korea\u2019 biggest and most well-known business empire. Since the verdict, Samsung shares fell by 1%.<\/p>\n<p>The conviction raises questions about Mr Lee\u2019s leadership of the conglomerate. He has been standing in as chairman since his father, Lee Kun-hee, suffered a heart attack in 2014.<\/p>\n<p>The Samsung scandal contributed to President Park\u2019s eventual impeachment. Her friend Choi Soon-sil has\u00a0already been jailed for three years\u00a0for corruption.<\/p>\n<\/p><\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#13; A court in South Korea has sentenced Samsung\u2019s billionaire heir-apparent Lee Jae-yong to five years in prison for corruption. Mr Lee was accused of bribery in a scandal that also saw the impeachment of South Korea\u2019s former president. The case has gripped the public amid growing anger against South Korea\u2019s biggest companies, known as [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":412625,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-412624","post","type-post","status-publish","format-standard","has-post-thumbnail","category-world"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Samsung heir Lee Jae-yong jailed for corruption - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2017\/08\/25\/samsung-heir-lee-jae-yong-jailed-for-corruption\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Samsung heir Lee Jae-yong jailed for corruption - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"&#013; A court in South Korea has sentenced Samsung\u2019s billionaire heir-apparent Lee Jae-yong to five years in prison for corruption. 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The case has gripped the public amid growing anger against South Korea\u2019s biggest companies, known as [&hellip;]\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/25\\\/samsung-heir-lee-jae-yong-jailed-for-corruption\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/25\\\/samsung-heir-lee-jae-yong-jailed-for-corruption\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Samsung heir Lee Jae-yong jailed for corruption\",\"datePublished\":\"2017-08-25T08:38:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/25\\\/samsung-heir-lee-jae-yong-jailed-for-corruption\\\/\"},\"wordCount\":292,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/25\\\/samsung-heir-lee-jae-yong-jailed-for-corruption\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"World\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/25\\\/samsung-heir-lee-jae-yong-jailed-for-corruption\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/25\\\/samsung-heir-lee-jae-yong-jailed-for-corruption\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/25\\\/samsung-heir-lee-jae-yong-jailed-for-corruption\\\/\",\"name\":\"Samsung heir Lee Jae-yong jailed for corruption - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/25\\\/samsung-heir-lee-jae-yong-jailed-for-corruption\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/25\\\/samsung-heir-lee-jae-yong-jailed-for-corruption\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2017-08-25T08:38:54+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/25\\\/samsung-heir-lee-jae-yong-jailed-for-corruption\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/25\\\/samsung-heir-lee-jae-yong-jailed-for-corruption\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Samsung heir Lee Jae-yong jailed for corruption - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2017\/08\/25\/samsung-heir-lee-jae-yong-jailed-for-corruption\/","twitter_card":"summary_large_image","twitter_title":"Samsung heir Lee Jae-yong jailed for corruption - Ghanamma.com","twitter_description":"&#13; A court in South Korea has sentenced Samsung\u2019s billionaire heir-apparent Lee Jae-yong to five years in prison for corruption. 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