South Korea court jails Samsung scion Jay Y. Lee for five years

 

Lee Jae-yong, Samsung Group heir arrives at Seoul Central District Court to hear the bribery scandal verdict on August 25, 2017 in Seoul, South Korea. REUTERS/Chung Sung-Jun/Pool

 

SEOUL (Reuters) - A South Korean court jailed Samsung Electronics Vice Chairman Jay Y. Lee for five years on Friday.

 

The Seoul Central District Court was delivering its verdict on charges against Lee, 49, ranging from bribery to perjury in a scandal that led to the ouster in March of the then president, Park Geun-hye.

 

Lee, who denied wrongdoing, has been in detention since February.

 

(Reporting by Joyce Lee; Editing by Robert Birsel)

 

-- © Copyright Reuters 2017-08-25

Jay Y Lee is now a jailee.

Well if I were Samsung I would relocate and ruin the country as it is nothing without these big companies.  Before locking up heads of big companies they need to change the whole of Koreas way of doing business.

 

Has any Korean president ever served a whole term or have they been removed for corruption ?

 

Corruption is endemic in Asia and not so hidden as in the west.

 

If he needs to hide then he should go to Thailand as they can't find anyone especially if you have money or are a big monk or drink red bull ☺