Lee Jae-yong– called Jay Y. Lee in the West– the de facto leader and heir to the Samsung Group corporation, has actually been called back to prison for two years and 6 months on bribery charges, according to Bloomberg
The billionaire kid of questionable Samsung chairman Lee Kun-hee, who died in October, was very first imprisoned in 2017 in a succession scandal that saw the removal of president Park Geun-hye. Lee served simply one year of a five-year sentence prior to a retrial was ordered in2019
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Lee had actually been accused of using horses and other bribes to a good friend of the previous president to win federal government support for his succession at Samsung. Park is serving a 20- year sentence on a variety of charges including bribery related to Samsung.
In December, Lee offered a rare public apology for his role in the succession plot. Lee Jae-yong, 52, is the grandson of Samsung creator Lee Byung-chul.
The judgment is expected to create a management vacuum at the top of the corporation, possibly making complex major strategic decisions. Samsung is presently run by a group of senior executives.
An attorney for Lee called the decision “regrettable,” according to Bloomberg
