Skip to content

Just another WordPress site

Menu
  • Sample Page
Menu

Samsung boss cleared of fraud by South Korea’s top court

Posted on July 17, 2025

Samsung boss cleared of fraud by South Korea's top courtnnSouth Korea’s Supreme Court has cleared Samsung Electronics Chairman Lee Jae-yong of fraud charges, upholding earlier acquittals in a decade-long legal battle. The ruling confirms the 2024 lower court decision that found insufficient evidence for stock manipulation and accounting fraud allegations related to a $8 billion 2015 merger. Prosecutors had sought a five-year prison term, arguing the merger strengthened Lee’s control over Samsung. This final verdict removes legal uncertainty around Samsung’s leadership amid intense global competition. Lee, grandson of Samsung’s founder, had previously served jail time in a separate bribery case before receiving a presidential pardon.

Source: https://www.bbc.com/news/articles/ckgj04nw19zo

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • The Afghan data breach explained… in one minute
  • Volcano erupts in Iceland spewing lava from the ground
  • Samsung boss cleared of fraud by South Korea’s top court
  • Fire engulfs main stage of Tomorrowland festival days before opening
  • ‘It’s just better!’: Trump says Coca-Cola to change key US ingredient

Recent Comments

No comments to show.

Archives

  • July 2025

Categories

  • Uncategorized
©2025 Just another WordPress site | Design: Newspaperly WordPress Theme