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Samsung chief sentenced to 5 years in jail

Samsung chief sentenced to 5 years in jail

Samsung chief sentenced to 5 years in jail.........

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South Korean firm Samsungs successor Li J-Young has been arrested on Friday as part of a probe into corruption investigation and impact. This information was reported to AFP news.
In charge of Samsung Electronics Vice President Ly, he gave a bribe of $ 3.33 billion (43 billion) bribe to the non-profit Choi Sun-Seal non-profit company, the president of the countrys president Park Geun Hie, in exchange for some government benefits. Because of this scandal, the parliament voted in favor of the park.
Todays court spokesman in a statement said in a statement that the need to arrest LeeJ-Young in the light of new criminal prosecution and evidence.
He was arrested on Thursday after being produced in the court hearing. He is currently in jail.
Lee Jong-Young, son of Samsung Group chief Lee Qun-Hei He has been interrogated several times in connection with the alleged involvement of South Korean President Park Geun-Hos corruption scandal. Although the 48-year-old was considered to be the main culpability of the scandal, the court did not order him to officially arrest him due to lack of evidence in the last week.
On Tuesday, lawyers appealed for the second time to arrest him. They told to present more evidence at the time.
This is the first time the arrest of Samsungs head was made. A shock for the whole organization in this incident. The South Korean economy has a big role in the organization. Samsung Electronics is the worlds largest smartphone maker.
Currently, Samsung is going through a big problem. Flagship Galaxy Note 7 due to battery problems due to battery problems, Samsung has to withdraw from various countries.
Samsung has alleged that a large amount of bribe was given to the nonprofit organization, which runs President Park Gun-Hiiays close trust Choi Sun-Seal. Chaui was charged with harassment and fraud. There are allegations that Choi is mediating to determine the various strategies of the government, and has benefited economically from the sources of relations with the President.

In 2015, the company is a joint venture between the electronic giant Samsung C & T and its affiliate Shell Industries. Although the companys vast majority shareholders differ, they are integrated. Their claim was that minority shareholders would be affected by this agreement. However, the family of Samsung Group owner Lee Kun-eh will benefit. The National Pension Service (NPS), the National Pension Fund, which holds shares in two institutions, voted for this agreement.

There are allegations that Samsung has given 31 million dollars to Choi Sun-Seal and her daughter to get Presidents support in this agreement. In a hearing last month, the Samsung authorities acknowledged this in a hearing, They said, this money was given to improve the career of Choi Sun-Seals daughter.

Last month, lawmakers voted in favor of the prosecution of Park Gunn-Hye, in parliament, most lawmakers. The Constitutional Court has the power to uphold or dismiss the parliaments decision.

After the allegation of corruption against the president, protests began to demand his resignation. Park Gunn Hoe and Choi apologized to the Sun-Seals, but denied accusations made against them.


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