Tags - suspended

Samsung had to deal with a huge blow last year as their soon-to-be head, Lee Jae-Yong got arrested with charges of bribery and assistance in corruption. It was almost inevitable as this scandal had then impeached the South Korean President herself, alongside some of the nation's most powerful figures. Nevertheless, the rulings of the court have now been overturned and Lee Jae-Yong's prison sentence has been suspended by the High Court, in answer to his appeal. It is to be noted that the Vice-Chairman of Samsung continued to deny all charges held against him and the High Court found him only guilty of "passive compliance to political power."

It is expected that Lee Jae-Yong will have to defend his case once again at the Supreme Court, since the ones that prosecuted the billionaire are probably going to take that final step. Nevertheless, as of this moment, Yong is back and will probably resume his position at Samsung once again for the time being.

Saikat Kar (tech-enthusiast)


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