You are here: Home » Companies » News
Business Standard

Samsung heir walks free after South Korea court suspends 5-year jail term

However, Jay Y Lee has been found guilty of some lesser charges and is prohibited from traveling outside South Korea without a judge's approval

Reuters  |  Seoul 

A South Korean appeals court on Monday suspended a jail sentence handed down to Samsung Group heir Jay Y. Lee, setting him free after a year's detention amid a corruption scandal that brought down the former president. Seoul High Court jailed Lee for two and a half years, reducing the original term by half, and suspended the sentence for charges including bribery and embezzlement, meaning he does not have to serve time. Lee, 49, heir to one of the world's biggest corporate empires, had been detained since last February. President Park Geun-hye was dismissed in March ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, February 06 2018. 01:12 IST
RECOMMENDED FOR YOU