Former South Korean President Sentenced To 15 Years In Prison For Accepting $5.4 Million In Bribes From Samsung
Saturday October 6, 2018. 04:10 AM , from Slashdot
In exchange, Lee had granted a presidential pardon to Lee Kun-hee, Samsung's chairman, who had been convicted of embezzlement and tax evasion. The conviction had forced Lee Kun-hee to resign from Samsung in 2008; he returned to work at the company shortly after receiving the presidential pardon. The court also found that former president Lee disguised his ownership of a lucrative auto-parts maker under the names of his relatives and embezzled 24 billion Korean won from the company, according to The New York Times. Samsung later offered to pay legal fees for a court case involving the auto-parts company. Lee, who did not appear in court on Friday, denied the charges. 'During the hearings, he shifted the blame to his aides, accusing them of committing the crimes for their own profit and conspiring against him,' Judge Chung Kae-seon said on Friday, according to The Times.
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