(FreshAsFrankie) The high-profile case of Samsung heir and vice president Lee Jae-young has finally been concluded as he was sentenced to five years in prison after a South Korean court found him guilty of multiple charges of corruption.
Prosecutors argued that Lee was offered $38 million for the South Korean government for approval of a merger between two subsidiaries of Samsung in order extend his control over the “world’s largest smartphone maker.”
Originally, prosecutors sought a 12-year sentence for the disgraced vice president. Lee denies all wrong doing and is expected to appeal the ruling.
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