South Korean prosecutors seek 12-year jail term for Samsung heir Lee Jae-Yong
Authored By Wion Web Desk
Published: Aug 07, 2017, 24:42 IST | Updated: Aug 07, 2017, 24:42 IST
Samsung heir
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Lee has been in detention since February over a national corruption scandal that led to former president Park Geun-Hye?s ouster
South Korean prosecutors on Monday demanded a 12-year jail term for Samsung Electronics vice chairman Lee Jae-Yong over a national corruption scandal.
The scandal led to South Korea’s former president Park Geun-Hye’s ouster.
Lee Jae-yong is accused of bribing Park’s powerful confidante Choi Soon-Sil with millions of dollars to win presidential favours and ease a controversial 2015 merger deal.
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Lee, 49, has been in detention since February.
Prosecutors sought a 12-year sentence for Lee, and terms ranging from seven to 10 years for three of his co-accused.
Samsung has insisted the payments to Choi were charitable contributions it was obliged to make under pressure from officials, and not bribes.
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The verdicts are expected later this month.