Samsung heir gets jail for bribery

Published August 26, 2017

SEOUL: The heir to the Samsung empire was convicted of bribery and other offences on Friday and jailed for five years in connection with the scandal that brought down South Korean president Park Geun-Hye.

Lee Jae-Yong’s penalty could leave the vast conglomerate, which includes the world’s biggest smartphone maker, rudderless and hamper its ability to make key investment decisions for years.

The vice-chairman of Samsung Electronics, 49, arrived at the Seoul Central District Court on a justice ministry bus handcuffed and bound with white rope around his dark jacket.

Lee was found guilty of bribery, perjury and other charges related to payments Samsung made to Park’s secret confidante Choi Soon-Sil.

In total 8.9 billion won ($7.9 million) was paid in bribes in return for favours including government support for Lee’s hereditary succession at the group after his father was left bedridden by a heart attack in 2014, the court found.

Lee had denied the char­ges, but presiding judge Kim Jin-Dong said: “He offered bribes in response to strong demands by the president.”

Four other top Samsung executives were also convicted, with two jailed for up to four years, and the other pair given suspended terms.

Supporters demonstrating outside the court broke down in tears while Lee’s lawyers said they would appeal “immediately”, with lead attorney Song Wu-Cheol saying he “cannot possibly accept” the court’s “interpretation of law and finding of facts”.

The verdict could add impetus to new President Moon Jae-In’s campaign pledges of reform.

In a rare statement on a court case, the presidential Blue House said: “We hope that the ruling will serve to encourage the cutting of collusive ties between politicians and businesses, which have hampered social progress.”

Published in Dawn, August 26th, 2017

Opinion

Editorial

Pathways to peace
Updated 27 Apr, 2026

Pathways to peace

NEGOTIATIONS to hammer out the 2015 Iran nuclear agreement took nearly two years before a breakthrough was achieved....
Food-insecure nation
27 Apr, 2026

Food-insecure nation

A NEW UN-backed report has listed Pakistan among 10 countries where acute food insecurity is most concentrated. This...
Migration toll
27 Apr, 2026

Migration toll

THE world should not be deceived by a global migration count lower than the highest annual statistics on record —...
Immunity gap
Updated 26 Apr, 2026

Immunity gap

Pakistan’s Big Catch-Up campaign showed progress but also exposed the scale of gaps in routine immunisation.
Danger on repeat
26 Apr, 2026

Danger on repeat

DISASTERS have typically been framed as acts of nature. Of late, they look increasingly like tests of preparedness...
Loose lips
26 Apr, 2026

Loose lips

PAKISTANIS have by now gained something of an international reputation for their gallows humour, but it seems that...