Lee Jae-yong the vice-chairman of Samsung Group, was sentenced a two and half year jail term for Corruption charges, including bribery. His lawyer said that Lee decided to accept the judgment and not to appeal the ruling, reports a news agency.
Lee, a heir of South Korea's biggest family-run conglomerate Samsung Group, was sentenced to two and a half years in jail for corruption, linked to his management succession last week. After serving almost an year behind bars he was released from jail in the month of February 2018. But the Supreme Court returned the case to a high court recommending for harsh punishment. The special prosecutor team was also quoted as saying by the news agency that the team decided not to appeal the ruling as the team achieved its goal of finding the truth behind the corruption scandal.
The special prosecutor team had demanded a nine-year prison sentence against Lee. Vice chairman was charged with offering tens of millions of dollars in bribes to former South Korean President Park Geun-hye in return for the assistance to his management succession. The supreme court upheld a 20-year prison sentence on former President Park earlier this month for the corruption that led her to become the country's first sitting South Korean President to be impeached.
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