EghtesadOnline: The sheer size of Samsung in South Korea has long divided public opinion in the country and that continues as the heir apparent appeals his five-year prison sentence for bribery.
EghtesadOnline: A defense lawyer for Samsung Electronics Vice Chairman Jay Y. Lee has filed an appeal against the five-year jail term he was given for bribery and other charges, the Seoul Central District Court’s website said on Monday.
EghtesadOnline: Though the downfall of the man heading Samsung Group, South Korea’s most powerful conglomerate, may seem an ominous omen for the country’s family-run business empires, the jailing of billionaire Jay Y. Lee could end up offering some relief to chaebol dynasties.
EghtesadOnline: Later this week, if live TV cameras are allowed into court, South Koreans will get a front-row seat to the verdict of the Samsung conglomerate’s billionaire heir Jay Y. Lee on corruption charges.
EghtesadOnline: Samsung Electronics Co. heir Jay Y. Lee has refused to testify at the bribery trial of former President Park Geun-hye, arguing that doing so risked affecting his own corruption hearing.
EghtesadOnline: The trial of Jay Y. Lee, heir to the Samsung Group empire, has featured thousands of pages of documents and hundreds of hours of testimony from dozens of witnesses. But experts say one thing is missing: a smoking gun.
EghtesadOnline: The head of South Korea's Samsung Group, Jay Y. Lee, may be languishing in a jail cell but he is allowed plenty of visitors, which may allow him to play a key role in corporate decisions even if he isn't running the conglomerate like he did before.
EghtesadOnline: The head of South Korea's Samsung Group, Jay Y. Lee, denies all charges against him, his lawyer said on Thursday, at the start of what the special prosecutor said could be the "trial of the century" amid a political scandal that has rocked the country.
EghtesadOnline: The trial of Samsung Electronics Co. vice chairman Jay Y. Lee began Thursday, as prosecutors try to prove the billionaire conspired to funnel millions of dollars to a confidante of President Park Geun-hye to help secure control of the world’s largest smartphone maker.
EghtesadOnline: South Korea’s special prosecutor accused Jay Y. Lee and other Samsung Group executives of conspiring to create fake documents to mask millions of dollars in bribes funneled to a confidante of the nation’s president.