Samsung Heir Lee Jae-yong Sentenced to 2.5 Years in Prison for Bribery Scandal
takyon writes:
Lee Jae Yong: Samsung heir gets prison term for bribery scandal
Samsung heir Lee Jae Yong has been sentenced to two years and six months in prison by a high court in South Korea.
The bribery case is a retrial of an earlier one involving the country's former President Park Geun-hye, who was also jailed for bribery and corruption.
Lee has been the de facto head of Samsung Electronics since 2014.
The ruling is likely to have ramifications for the future of his role at the tech giant.
News of the sentence sent Samsung electronics shares more than 4% lower before they began to claw back some ground.
Also at Wccftech.
Previously: Samsung Vice Chairman a Suspect in South Korean Presidential Bribery Probe
Samsung Vice Chairman Arrested For Bribery, Perjury And Embezzlement
President Park Geun-hye's Impeachment Upheld as South Korea's "Trial of the Century" Begins
Samsung Electronics Vice Chairman Sentenced to Five Years in Corruption Scandal Ruling
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