Aug 7, 2017
Prosecutors seek 12-year jail for Samsung's Lee Jae-yong
South Korean prosecutors are seeking a 12-year jail sentence for Samsung Electronics vice chairman Lee Jae-yong. Mr Lee is facing charges over his role in a bribery scandal which led to the ousting of the ex-President Park Guen-hye. Prosecutors have accused Mr Lee and four other executives of bribing Ms Park's close confidante Ms Choi Soon-sil with millions of dollars in an attempt to win presidential favours. The prosecutors alleged the bribes were aimed at winning government support for a major restructuring of Samsung. They said the restructuring would help to cement the leadership of Mr Lee, who was standing in as chairman for his ill father, Lee Kun-hee.
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