Samsung heir handed 5-year jail sentence for bribery
https://techcrunch.com/2017/08/24/samsung-heir-handed-5-year-jail-sentence-for-bribery/
Samsung vice chairman and the company’s heir apparent Jay Y. Lee is headed to jail after a court in Korean ruled that he is guilty of bribery, embezzlement, capital flight and perjury charges.
Lee, who has been earmarked as the future leader of the company, was handed a five-year jail sentence, although he is expected to appeal the decision. He took a board seat at Samsung last year in a move that symbolized his ascension and the expectation that Lee would replace his father Lee Kun-Hee, who has been hospitalized for over two years since suffering a heart attack, at the helm of the corporation.