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South Korea court sentences Samsung heir Lee Jae-yong to 5 years

by Compiled from Wire Services

ISTANBUL Aug 25, 2017 - 12:00 am GMT+3
 Reuters File Photo
| Reuters File Photo
by Compiled from Wire Services Aug 25, 2017 12:00 am

A South Korean court has sentenced billionaire Samsung heir Lee Jae-yong to five years in prison, reports said Friday.

The Seoul Central District Court convicted Lee, 49, the vice-chairman of Samsung Electronics, the world's largest smartphone maker, of offenses related to the corruption scandal that brought down ousted president Park Geun-Hye.

His lawyer said Friday the defense team will appeal the decision.

"We are confident the ruling will be overturned," lawyer Song Wu-cheol told reporters after the ruling by the Seoul Central District Court.

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