2015 Merger of Samsung Affiliates Archives | Be Korea-savvy
Prosecutors Seek a 5-Year Sentence for Samsung Chief in Relation to 2015 Merger of Affiliates

Prosecutors Seek a 5-Year Sentence for Samsung Chief in Relation to 2015 Merger of Affiliates

SEOUL, Nov. 17 (Korea Bizwire) – Prosecutors demanded a five-year prison sentence for Samsung Electronics Co. Chairman Lee Jae-yong on Friday on charges of stock price rigging and accounting fraud connected to the controversial 2015 merger of two Samsung affiliates. Prosecutors also requested a fine of 500 million won (US$386,817) for Lee during the final [...]