SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

News For You
News For You
Notifications

Samsung heir was mostly quiet during his first court appearance in the corruption trial

Business
By 

Last updated: April 7th, 2017 at 12:01 UTC+02:00

Samsung Electronics vice chairman and the conglomerate's heir apparent Lee Jae-yong has been behind bars for a couple of months now after he was arrested on charges of bribery, corruption, embezzlement and others. Today was his first appearance in court as the trial has now begun. Reports from the courtroom reveal that he was mostly quiet throughout the hearing today and his laywers did all of the talking.

Aside from confirming his personal details like his name and occupation, Lee remained silent when he was asked by the judge if he wanted to say anything in response to the charges he's fighting. He's being accused of paying bribes to South Korea's impeached President Park Geun-hye through her close friend Choi Soon-sil.

Lee's lawyer told the court that he didn't even know that some financial contributions had been made because that wasn't part of his job. His legal team also told the court that whatever payments that were made by Lee were in response to the requests made by President Park and that he didn't seek any favors from her in return.

However, the special prosecution doesn't feel the same way. “We have secured enough evidence proving that defendant Lee Jae-yong made improper requests to the president,” said Park Young-soo, who is the special prosecutor.

It's going to be a while before the result of this trial comes out but it goes without saying that it's going to have a deep impact on South Korea and if everything goes south, for Lee Jae-yong personally. He stands to face more than 20 years in jail if convicted on all charges.

Via Business Lee Jae-yong
Galaxy AI summarized

Scroll for more related content
News For You

You might also like

Samsung boss is the only Korean business person to get this unique honor

Samsung boss is the only Korean business person to get this unique honor

Much ink has been used to write about Samsung's outsized influence on South Korea's economy. Yet, despite the various observations and controversies surrounding the country's most valuable conglomerate, it's also the only one with a truly global presence that's recognized for its immense potential. Case in point, the list of 100 most influential people in […]

  • By Adnan Farooqui
  • 1 month ago
Prosecutors want Samsung boss sent to jail for 5 years

Prosecutors want Samsung boss sent to jail for 5 years

Samsung Electronics Chairman Jay Y. Lee has been in and out of prison over different charges, including an 18-month stint behind bars in 2021. One of the more significant charges against him allege market irregularities in the merger that saw the Lee family solidify their control over the Samsung conglomerate. A court in verdict had […]

  • By Adnan Farooqui
  • 1 month ago
Samsung chief angry at mobile division for copying Apple’s design

Samsung chief angry at mobile division for copying Apple’s design

Last month, Samsung unveiled its new foldable phones, smartwatches, and wireless earbuds. After the announcement, several people started mocking Samsung and accused it of copying Apple's design language with the Galaxy Buds 3 and the Galaxy Watch Ultra, which reportedly made Samsung's chief angry at the mobile division for plagiarism. Samsung chief Lee reportedly got […]

  • By Asif Iqbal Shaik
  • 5 months ago
Samsung, Hyundai, Tesla bosses to meet during Paris Olympics

Samsung, Hyundai, Tesla bosses to meet during Paris Olympics

According to a new report from The Chosun Daily, the Chairman of Samsung Electronics, Lee Jae-Yong, the Chairman of Hyundai Motor Group, Chung Eui-Sun, and the CEO of Tesla Motors, Elon Musk, are going to meet for dinner this weekend in Paris. Reportedly, the bosses of the three companies are visiting France during the 2024 […]

  • By Abid Iqbal Shaik
  • 5 months ago
Samsung boss attends Paris Olympics for networking and national support

Samsung boss attends Paris Olympics for networking and national support

It was reported last week that Samsung Electronics Chairman Jay Y. Lee might visit Paris to attend the 2024 Olympics where he would network with other business leaders and also support the South Korean athletes. Lee arrived in Paris last Wednesday and has since taken part in a number of high-level business meetings. This is […]

  • By Adnan Farooqui
  • 5 months ago
Samsung boss to visit Paris Olympics for promoting new devices

Samsung boss to visit Paris Olympics for promoting new devices

Samsung Electronics is a longstanding sponsor of the Olympics. It aligned the second Unpacked event of this year along with the games in Paris this year, unveiling new foldables, new smartwatches, earbuds, and the Galaxy Ring at the event on July 10. With the Olympics due to kick off this week, Samsung Electronics Chairman Jay […]

  • By Adnan Farooqui
  • 5 months ago