Samsung boss Lee Jae-yong faces verdict in his bribery trial - News Summed Up

Samsung boss Lee Jae-yong faces verdict in his bribery trial


Lee Jae-yong is facing accusations of bribery linked to a scandal that triggered the impeachment of South Korea's former president. Lee, also known as Jay Y Lee, has been detained since February on a string of corruption charges including bribery, embezzlement and hiding assets overseas. They include former Samsung Group vice-chairman Choi Gee-sung, former president Chang Choong-ki, former Samsung Electronics president Park Sang-jin and executive vice-president Hwang Sung-soo. Three of them resigned after the case emerged but have denied all the charges including bribery and hiding assets. Lee became a Samsung president in 2009 and in 2013, he was made vice-chairman of Samsung Electronics, which makes smartphones, televisions, cameras and hard drives.


Source: The Star August 25, 2017 03:00 UTC



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