Jae-yong – Financial Treason & Crime

[News Focus] Legal risks persist at Samsung as Lee’s trial continues

Song Su-hyun, 10 June 2021

Samsung Group’s de facto chief Lee Jae-yong attended a court hearing on Thursday as part of an ongoing trial on alleged irregularities surrounding his ascension to the helm of the South Korean tech conglomerate.

As always, the tycoon, who is serving a 2 1/2-year jail term over a previous bribery conviction, didn’t utter a single word throughout the full-day session held at the Seoul Central District Court, as his attorneys fought hard to fend off additional convictions. The charges brought against him include stock market manipulation, accounting fraud and breach of trust. Continue reading “Article: [News Focus] Legal risks persist at Samsung as Lee’s trial continues”

Samsung’s Lee denies charges in first court hearing on succession

Song Su-hyun, 22 April 2021

Samsung Electronics chief Lee Jae-yong on Thursday denied all charges leveled against him during his first trial hearing on alleged irregularities surrounding his ascension to the helm of Samsung Group.

Attending the session held at the Seoul Central District Court, Lee pleaded not guilty when he was asked by the presiding judge to respond to the charges brought against him by prosecutors which include stock market manipulation, illicit trading and breach of trust.

“I cannot admit (to the indictment). I deny (all the charges),” Lee replied, after a short pause. Continue reading “Article: Samsung’s Lee denies charges in first court hearing on succession”