Samsung VC Lee Jae-yong Facing 5-year Jail Sentence for Corruption

Lee Jae-yong has been found guilty of bribery, perjury, embezzlement, and other charges, in the conclusion of a six-month trial. Also Read: Samsung VC Jay Y Lee Fights Back Tears as Korean Prosecutors Seek 12 Years Jail He is also accused of the charges that he wrongfully transferred some valuable assets to the overseas while hiding the proceeds of a crime. Said Lee in a final statement Lee was also found guilty of concealing criminal profits and hiding assets overseas; his lawyers said today that they reject the verdict and will appeal immediately. Also Check: Samsung Chief Lee Denies All Charges Against Him as “Trial of the Century”