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SEOUL: A South Korean court sentenced Samsung Electronics<\/a> vice chairman Jay Y. Lee to two and a half years in prison, the court said on Monday, which will have major ramifications for his leadership of the tech giant as well as Korea's views toward big business.
With this, Lee will be sidelined for the time being from major decision making at Samsung<\/a> Electronics as it strives to overtake competitors. He will also be unable to oversee the process of inheritance from his father, who died in October, crucial to keeping control of Samsung.
Lee, 52, was convicted of bribing an associate of former President Park Geun-hye<\/a> and jailed for five years in 2017. He denied wrongdoing, the sentence was reduced and suspended on appeal, and he was released after serving a year.
The Supreme Court<\/a> then sent the case back to the Seoul High Court, which issued Monday's ruling.
The Seoul High Court found Lee guilty of bribery, embezzlement and concealment of criminal proceeds worth about 8.6 billion won ($7.8 million), and said the independent compliance committee Samsung set up early last year has yet to become fully effective.
\"(Lee) has shown willingness for management with newly stronger compliance, as he as vowed to create a transparent company,\" said Presiding Judge Jeong Jun-yeong.
\"Despite some shortcomings... I hope that over time, it will be evaluated as a milestone in the history of Korean companies as a start of compliance ethics for a greater leap forward,\" he said.
Lee, dressed in a dark coat and silver tie and standing to hear the sentencing, sat down after it was read.
\"The nature of this case is the former president's abuse of power violating corporate freedom and property rights. Given that nature, the court's decision is regrettable,\" Lee's lawyer, Lee In-jae, told reporters.
With Lee returning to prison, the year he already served in detention is expected to count toward the sentence - leaving 18 months of his sentence to be served.
Monday's sentencing can be appealed to the Supreme Court within seven days, the judge said, but legal experts said that because the Supreme Court has already ruled on it once, chances are lower that its legal interpretation will change.
Shares in Samsung Electronics dropped as much as 4% after the ruling, while shares in affiliates such as Samsung C&T, Samsung Life Insurance and Samsung SDI also fell sharply.
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三星的李收到30个月监禁在贿赂审判
,李将暂时靠边站,三星电子公司的重大决策,努力超越竞争对手。他也将无法监督从父亲继承的过程中,在10月份去世,三星的控制至关重要。
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韩国:韩国法院判处三星电子副主席李在镕两年半有期徒刑,法院周一表示,这将对他的领导产生重大影响的科技巨头以及韩国对大企业的观点。
,李将暂时靠边站了重大决策三星电子产品,因为它努力超越竞争对手。他也将无法监督从父亲继承的过程中,在10月份去世,三星的控制至关重要。
52岁的李前总统被判犯有贿赂助理朴槿惠并在2017年入狱五年。他否认自己有不当行为,这个句子是降低,悬浮在上诉,他服役一年后被释放。
的最高法院然后发送回首尔高等法院,周一发布的裁决。
首尔高等法院发现李犯有贿赂、挪用公款和隐蔽的犯罪收益价值约86亿韩元(合780万美元),并表示独立设立三星合规委员会去年年初尚未成为完全有效。
”(李)表明意愿与新强合规管理,他发誓要建立一个透明的公司,”首席法官宋Jun-yeong说。
“尽管有些缺点…我希望随着时间的推移,它将评估作为一个里程碑在韩国公司的历史开始遵从道德的更大的飞跃,”他说。
李,身穿黑色大衣与银色领带和站听到宣判,坐下来后阅读。
“这个案子的性质是前总统的滥用权力侵犯企业自由和财产权利。鉴于自然,法院的判决是令人遗憾的,”Lee In-jae李的律师告诉记者。
与李回到监狱,今年他已经在拘留将计入他的句子的句子——离开18个月。
周一的判决可以七天内上诉到最高法院,法官说,但法律专家表示,因为最高法院已经裁定,几率更低,其司法解释将会改变。
三星电子股价下跌4%后裁决,而子公司的股票,如三星C&T,三星人寿保险和三星SDI也急剧下降。
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