Samsung Chief Jailed Over Corruption Scandal


The de facto chief of South Korea’s Samsung business empire was jailed for two and a half years on Monday over a sprawling corruption scandal, in a ruling that deprives the tech giant of its top decision-maker, Yonhap news agency reported.

Lee Jae-yong, the vice-chairman of Samsung Electronics, the world’s biggest smartphone and memory chip maker, was found guilty of bribery and embezzlement and was immediately taken into custody, Yonhap said.

More details soon…

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *