ADVERTISEMENT

Appeal trial for Samsung heir starts in Seoul

Lee, vice-chairman of Samsung Electronics, was found guilty in August of bribery, perjury and other charges relating to payments...

Lee, vice-chairman of Samsung Electronics, was found guilty in August of bribery, perjury and other charges relating to payments made by Samsung to Park's secret confidante Choi Soon-Sil, but the 49-year-old's lawyers argue he is innocent.

"The evidence-only principle was pushed aside," lead counsel, lawyer Lee In-Jae, said at the appeal trial at the Seoul High Court.

The original verdict found that a total of 8.9 billion won ($7.9 million) was paid in return for favours including government support for Lee's succession at Samsung after his father was left bedridden by a heart attack in 2014.

ADVERTISEMENT

Wearing a dark suit and white shirt with no tie, Lee looked gloomy in the courtroom as his lawyers argued that the payments were not bribes but donations to support athletes -- which happened to include Choi's equestrian daughter.

Lawyer Lee In-Jae said there was no material evidence to back charges that Lee asked for policy favours when he met Park in 2014.

Four other Samsung executives convicted on the same charges and given sentences ranging from four years to suspended terms were present at the appeal hearing.

Prosecutors are also appealing part of the original verdict, which found Lee innocent of some of the bribery charges, and are calling for harsher sentences for all the five.

The lower court should have included as bribes another 20.4 billion won that Samsung funnelled into two dubious foundations controlled by Choi, prosecutors claim.

ADVERTISEMENT

The lower court said Park was aware that Lee wanted state approval for a controversial merger of two Samsung units in 2015, seen as a key step to ensuring his accession.

The deal was opposed by shareholders who said it wilfully undervalued shares of one of the firms. But it eventually went through after the National Pension Fund -- a major Samsung shareholder -- approved it.

A prosecutor said the five-year jail sentence was "too light" when taking into account the damage inflicted upon millions of subscribers to the National Pension Fund.

"The operations for Lee's succession were maximizing Lee's gains by sacrificing... shareholders' and pensioners' interest", Prosecutor Park Ju-Seong said.

A verdict on the appeal is expected by February 2018.

ADVERTISEMENT

Park, the first female president in South Korea, was impeached and arrested in March and indicted in April on a total of 18 charges including corruption and power abuse. She is being held in solitary confinement.

The lower court's verdict on Park is likely to come next month.

Enhance Your Pulse News Experience!

Get rewards worth up to $20 when selected to participate in our exclusive focus group. Your input will help us to make informed decisions that align with your needs and preferences.

I've got feedback!

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

10 Northern governors will fly to US to learn how to protect their region

10 Northern governors will fly to US to learn how to protect their region

Task force enters streets as Alex Otti declares war against indiscipline in Abia

Task force enters streets as Alex Otti declares war against indiscipline in Abia

FG suspends mining activities within OAU after reports of illegal operations

FG suspends mining activities within OAU after reports of illegal operations

Like Bobrisky, EFCC drags Cubana Chief Priest to court for spraying naira notes

Like Bobrisky, EFCC drags Cubana Chief Priest to court for spraying naira notes

Israeli military leaders to hold third meeting on how to deal with Iran

Israeli military leaders to hold third meeting on how to deal with Iran

Nigeria's telecoms sector witnesses revival as NCC's leadership draws acclaim

Nigeria's telecoms sector witnesses revival as NCC's leadership draws acclaim

Like Ganduje in Kano, Kaduna Assembly opens investigation against El-Rufai

Like Ganduje in Kano, Kaduna Assembly opens investigation against El-Rufai

DNA on Chidinma's dress matches victim, Ataga in alleged murder trial

DNA on Chidinma's dress matches victim, Ataga in alleged murder trial

NDLEA destroys 300 tons of illicit drugs in Lagos, Sanwo-Olu praises effort

NDLEA destroys 300 tons of illicit drugs in Lagos, Sanwo-Olu praises effort

Pulse Sports

Lionel Messi's son breaks the internet after scoring five goals for Inter Miami

Lionel Messi's son breaks the internet after scoring five goals for Inter Miami

Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe

Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe

Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024

Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024

Alex Iwobi makes Premier League history which Mikel, Yakubu, Kanu could not achieve

Alex Iwobi makes Premier League history which Mikel, Yakubu, Kanu could not achieve

Like Michael Jordan - Details of Victor Osimhen’s ‘superhuman’ jump against Monza emerges

Like Michael Jordan - Details of Victor Osimhen’s ‘superhuman’ jump against Monza emerges

ADVERTISEMENT
ADVERTISEMENT