South Korea’s largest company – Samsung’s vice chairman Lee Jae-yong (a.k.a Jay Y Lee in the West) is currently serving time in prison. This is the second time that he has been imprisoned since around 4 years ago.
This Monday, the 52-year-old conglomerate was sentenced to 2 years and 6 months imprisonment for bribery, embezzlement, hiding assets overseas and perjury – all of which he has denied. This recent ruling is from a retrial by the Seoul High Court.
Lee was involved in a political scandal that resulted in the downfall of the government of former South Korean President Park Geun-hye. Park is currently in prison, and has recently been sentenced 20 years. According to the court’s verdict, Lee “bribed and asked the president to use her power to help his smooth succession.”
Back in 2017, Lee was accused of bribery and additional illegal charges and was sentenced to 5 years of imprisonment. But he was freed after serving less than one year of jail time, due to an appeals court suspending his sentence. According to reliable sources, it is said that Lee seemed to adjust fairly well whilst behind bars.
Mr. In-jae Lee, who is Lee’s attorney, commented regarding Lee’s sentence.
“This case is, by nature, a violation of the corporation’s rights to freedom and property by the former president abusing her power. Given that nature, the court’s decision is regrettable.”
Lee still has the right to make an appeal if he so chooses, but his intentions cannot be determined at this point in time. He also has to face an additional trial over a 2015 merger that helped him gain more control over Samsung.
– Teen Top CHUNJI reveals mood photo that expresses emptiness after breaking up with lover – CHUNJI ‘s first solo album is on the 16th. Off-line simultaneous release… A pre-released present to the fans through the listening... Read More
JYP Entertainment’s rookie girl group NMIXX will now continue as a six-member group after the company announced Jinni’s departure. In addition to leaving NMIXX, Jinni also departed the agency. On December 9, JYP Entertainment released a... Read More
Wow, fantastic baby! Life imitates “Still Life” as BIGBANG’s T.O.P has been identified as one of eight members set to join Japanese art collector, entrepreneur, and billionaire Yusaku Maezawa on a space trip in 2023 as part of the... Read More
Make Way for the New Kids On the Block: OCJ NEWBIES The K-Pop boy group makes history as one of the only groups to ever appear in four global mainstream magazines pre-debut ELLE MEN HK, Cosmopolitan HK, Harper’s Bazaar HK, and... Read More
Rolling Stone recently published their “100 Best Songs of 2022” list with several K-Pop artists making the cut! Rolling Stone’s annual list ranks the 100 best songs each year. This year, Jin, Le Sserafim, PSY, (G)I-dle, Nayeon, BIGBANG,... Read More
Jin (Kim Seok-jin) will become the first BTS member to enlist in the army. While Jin’s enlistment date has been speculated for several weeks, Big Hit Entertainment confirmed his enlistment will be soon via a statement. In a Weverse... Read More
– TEEN TOP CHUNJI’s first solo debut… start one’s activities in earnest TEEN TOP CHUNJI’s first solo album, CHUNJI 1st Single Scheduler! He’ll be back as a solo artist! – TEEN TOP CHUNJI’s... Read More
Following his soaring popularity on the mega-hit Chinese show ‘CHUANG2021’, where he formed the boyband INTO1, Japanese artist INTO1 SANTA has released new single ‘I’m from…’ on November 25. INTO1 SANTA / ‘I’m from…’... Read More
K-Pop Power Couple HyunA and Dawn have ended their relationship after six years. “We broke up,” HyunA wrote in an Instagram post. “We decided to remain as good friends and colleagues from now on. Thank you always for your support and... Read More
TW: Article discusses sexual assault and rape. Former EXO member Kris Wu (Wu Yifan) has been sentenced to a total of 13 years in prison after the Beijing court sentence found him guilty of raping three women in his Beijing home. He was also... Read More