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The Financial Express

South Korean appeals court sets Samsung scion Lee free

| Updated: February 05, 2018 16:01:52


Samsung Group heir Jay Y. Lee (in suits) arrives at a court in Seoul, South Korea, October 12, 2017. - Reuters file photo Samsung Group heir Jay Y. Lee (in suits) arrives at a court in Seoul, South Korea, October 12, 2017. - Reuters file photo

A South Korean appeals court on Monday set Samsung Group heir Jay Y. Lee free after nearly a year of detention, suspending his five-year jail term after he was convicted of bribing the country’s former president.

A lower court had jailed Lee for corruption in a political scandal that roiled the country and led to the ouster of President Park Geun-hye. He appealed against the verdict and sentence.

Lee, the 49-year-old heir to one of the world’s biggest corporate empires, has been detained since February 2017.

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