Samsung heir freed after appeal wins suspended jail term
Court Alerts
Samsung heir Lee Jae-yong was freed Monday after a South Korean appeals court gave him a 2 ½-year suspended jail sentence for corruption in connection with a scandal that toppled the country's president.
The Seoul High Court softened the original ruling against Lee, rejecting most of the bribery charges leveled against Lee by prosecutors who sought a 12-year prison term.
While the ruling clears the way for the Samsung vice chairman to resume his role at the helm of the industrial giant founded by his grandfather after a year in prison, he faces a slew of challenges outside prison.
Chief among them will be winning trust that he is capable of running South Korea's biggest company, and assuaging public anger among those who viewed the court's surprise decision as a setback in the war on corruptions.
"The past year was a precious time for personal reflection," Lee told reporters waiting outside the gates of a detention center in southern Seoul.
Lee's first stop from the prison was a Samsung hospital where his father has been hospitalized after suffering a heart attack in 2014.
Lee was charged with offering $38 million in bribes to former President Park Geun-hye and her confidant Choi Soon-sil, embezzling Samsung funds, hiding assets overseas, concealing proceeds from criminal activities and perjury.
The appeals court said Lee was unable to reject the then-president's request to financially support her confidante and was coerced into making the payments. The court still found Lee guilty of giving 3.6 billion won ($3.3 million) in bribes for equestrian training of Choi's daughter and of embezzling the money from Samsung funds.
Lee's lawyer, Lee Injae, told reporters that the Samsung vice chairman still plans to appeal his conviction. Prosecutors also were expected to appeal the court's ruling, making it almost certain the case will go to the Supreme Court.
Lee, 49 and the only son of Samsung's ailing chairman, was given a five-year prison term in August on bribery and other charges linked to a political scandal that took down former South Korean President Park Geun-hye.
Lee has pleaded not guilty to charges he used Samsung corporate funds to bribe Park and a confidante, seeking to consolidate his control over Samsung and facilitate a smooth transfer of corporate leadership from his father. The appeals court rejected the lower court's view that corporate succession was one of the issues at stake.
Related listings
-
Kenya's High Court orders government's TV shutdown to end
Court Alerts 02/01/2018Kenya's High Court on Thursday ordered the government to end its shutdown of the country's top three TV stations after they tried to broadcast images of the opposition leader's mock inauguration, a ceremony considered treasonous.Journalists and human...
-
Supreme Court rejects case over Mississippi Confederate emblem
Court Alerts 11/28/2017The Supreme Court on Monday rejected hearing a case that challenges the use of Confederate imagery in the Mississippi state flag. Carlos Moore, an African-American attorney from Mississippi, argued that the flag represents "an official endorsement of...
-
Steve Mostyn, Houston attorney and major Dem donor, dies
Court Alerts 11/19/2017Steve Mostyn, a prominent Houston trial attorney and a top Democratic Party donor, has died. He was 46. In a statement, his family confirmed Thursday his death on Wednesday "after a sudden onset and battle with a mental health issue." "Steve was a be...
Illinois Work Injury Lawyers – Krol, Bongiorno & Given, LTD.
Accidents in the workplace are often caused by unsafe work conditions arising from ignoring safety rules, overlooking maintenance or other negligence of those in management. While we are one of the largest firms in Illinois dedicated solely to the representation of injured workers, we pride ourselves on the personal, one-on-one approach we deliver to each client.
Work accidents can cause serious injuries and sometimes permanent damage. Some extremely serious work injuries can permanently hinder a person’s ability to get around and continue their daily duties. Factors that affect one’s quality of life such as place of work, relationships with friends and family, and social standing can all be taken away quickly by a work injury. Although, you may not be able to recover all of your losses, you may be entitled to compensation as a result of your work injury. Krol, Bongiorno & Given, LTD. provides informed advocacy in all kinds of workers’ compensation claims, including:
• Injuries to the back and neck, including severe spinal cord injuries
• Serious head injuries
• Heart problems resulting from workplace activities
• Injuries to the knees, elbows, shoulders and other joints
• Injuries caused by repetitive movements
For Illinois Workers’ Compensation claims, you will ALWAYS cheat yourself if you do not hire an experienced attorney. When you hire Krol, Bongiorno & Given, Ltd, you will have someone to guide you through the process, and when it is time to settle, we will add value to your case IN EXCESS of our fee. In the last few years, employers and insurance carriers have sought to advance the argument that when you settle a case without an attorney, your already low settlement should be further reduced by 20% so that you do not get a “windfall.” Representing yourself in Illinois is a lose-lose proposition.