[Breaking] Prosecution Seeks 5 Years Imprisonment and 500 Million Won Fine for Lee Jae-yong over 'Unfair Merger Allegations'
The prosecution has requested a sentence of 5 years in prison and a fine of 500 million won for Samsung Electronics Chairman Lee Jae-yong, who has been indicted on charges including unfair merger and accounting fraud.
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On the 17th, during the sentencing hearing for Lee and 13 others on charges including violations of the Capital Markets and Financial Investment Business Act, held at the Seoul Central District Court Criminal Division 25-2 (Presiding Judge Park Jeong-je, Judges Ji Gwi-yeon and Park Jeong-gil), the prosecution stated that considering Lee's denial of the crimes, his decision-making authority, and the fact that he received substantial benefits, they made this request.
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