Politics 05-10-2018

Former South Korean president Lee sentenced to 15 years in prison for corruption

Former South Korean President Lee Myung-bak was sentenced Friday to 15 years in prison for several corruption cases, including bribery and embezzlement.

The Central District Court in Seoul sentenced Lee, who served as head of state for five years, from early 2008 to 2013, to 15 years in prison, with a fine of 13,000 million won (11.5 million dollars) Americans).

The sentencing hearing was broadcast live, although the 76-year-old former president refused to appear in the courtroom.

Prosecutors asked for a prison term of 20 years, with a fine of 15,000 million won (13.3 million US dollars).

The ruling said that Lee concealed that he owned DAS, a lucrative auto parts manufacturer, using figureheads among his relatives and embezzled about 24,500 million won (US $ 21.7 million) from the South Korean company.

Lee was found guilty of raising 6.8 billion won ($ 6 million) in bribes from the Samsung Group, the largest family conglomerate in South Korea.

The bribe was offered to pay the fees of the autoparts manufacturer's lawyers, who faced a legal case in the United States, in exchange for Lee's presidential pardon to Samsung Electronics president, Lee Kun-hee.

The former president was also found guilty of receiving millions of dollars from the former head of the spy agency, a lawmaker and a businessman.

Lee was taken to prison in March, because he has long faced allegations of corruption.


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