Samsung heir Jay Y. Lee likely headed back to prison in corruption scandal
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Samsung heir Jay Y. Lee is likely headed back to prison after a South Korean court convicted him of bribery for his role in a massive corruption scandal.
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The Seoul High Court sentenced Lee — the 52-year-old vice chairman of Samsung Electronics — to two and a half years in prison on Monday, finding him guilty of bribing former Korean president Park Geun-hye to win the government’s support for a 2015 merger of two Samsung affiliates.
The verdict followed a highly anticipated retrial for Lee, who served 11 months of his initial five-year prison term before an appeals court suspended the sentence and allowed him to go free in 2018.
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The time Lee already spent behind bars will count toward the new sentence of two and a half years, meaning he will be locked up for about a year and a half once he returns to prison.
Lee could appeal Monday’s sentence to Korea’s Supreme Court — which ordered his retrial in 2019 — but legal experts told Reuters that the court is unlikely to change its legal interpretation because it already weighed in on the case once.