Lee Jae-yong, second from right, vice chairman of Samsung Electronics Co., arrives for his trial at the Seoul Central District Court in Seoul, South Korea, Monday, Aug. 7, 2017. (AP Photo/Ahn Young-joon, Pool)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
South Korean prosecutors Monday demanded a 12-year prison term for the heir to the Samsung empire, who is on trial for corruption in connection with the scandal that brought down the country's last president.Lee Jae-yong is far from being the only South Korean business tycoon to face a hefty jail term.Prosecutors initially demanded a seven-year jail term for the elder Lee, who was convicted of tax evasion in 2008 and given a three-year suspended prison sentence and a 110 billion won (now $98 million) fine.HyundaiIn 2007, prosecutors sought a six-year jail term for Chung Mong-koo, chairman of Hyundai Motors, for embezzlement and bribery.Chey was sentenced to four years and spent about two years in jail, one of the longest sentences served by a South Korean chaebol leader.
FOLLOW THIS ARTICLE