People Power Party "Respect Court's Decision on Lee Jae-yong's Prison Sentence... Hope to Leave Dark Past Behind and Move Forward"

[Image source=Yonhap News]

[Asia Economy Reporter Kim Hyemin] On the 18th, the People’s Party stated that it "respects the court’s judgment and sentencing" regarding Samsung Electronics Vice Chairman Lee Jae-yong being sentenced to 2 years and 6 months in prison in the retrial.

Senior Deputy Spokesperson Hong Kyung-hee released a statement that day, saying, "Vice Chairman Lee gave bribes by yielding to former President Park Geun-hye’s demands and requested the succession of his management rights through this."

Senior Deputy Spokesperson Hong emphasized, "Through this case, I hope our society breaks the outdated chain of collusion between politics and business and moves toward the future," adding, "I hope that the collusion where political power and conglomerates coexist through mutual cooperation will no longer be repeated."

He also addressed Samsung Group, saying, "As a global company representing the Republic of Korea and a world-class company, I hope you use this opportunity to establish transparent corporate ethics and create institutional measures that never yield to any improper political requests or demands," and added, "I hope you clear the dark past and move forward."

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