Samsung heir freed after appeal wins suspended jail term
SEOUL-The Associated Press
Samsung heir Lee Jae-yong was freed on Feb. 5 after a South Korean appeals court gave him a suspended jail sentence for corruption in connection with a scandal that topped the country’s president.
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.
In a surprise decision, 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.
“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 since he suffered 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 outside the court that while he respects the court’s courage and wisdom, Lee 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 the Supreme Court, the final court of appeal in South Korea.
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.
The Samsung vice chairman 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 said there was no corporate succession issue at stake, rejecting the lower court’s view.
The more lenient ruling surprised many who were expecting a tough stance from the appeals court and many South Koreans took to social media and online news portals to express anger at the ruling and the judge who issued the verdict.