Samsung heir Lee Jae-yong has been freed from jail after a South Korean court suspended his five year jail term for bribing the country’s ex-president.<\/p>\n
An appeals court upheld parts of the conviction, but used its discretion to release the executive.<\/p>\n
South Korea’s supreme court is expected to appeal against the decision.<\/p>\n
The case gripped the public amid growing anger against the country’s biggest companies, known as chaebols.<\/p>\n
Scandal<\/strong><\/p>\n Last year a lower court jailed Lee for corruption in a political scandal that ultimately brought down former President Park Geun-hye.<\/p>\n The Samsung Electronics vice chairman, who is also known as Jay Y Lee, who had been detained for nearly a year, appealed against both the verdict and sentence.<\/p>\n The scandal exposed the ties between family-run conglomerates and political powers.<\/p>\n Samsung Electronics is regarded as the jewel in the crown of the Samsung Group conglomerate, which is made up of 60 interlinked companies.<\/p>\n Lee has effectively directed operations at Samsung Electronics since his father, Lee Kun-hee, was incapacitated by a heart attack in 2014.<\/p>\n –<\/p>\n Source: BBC<\/p>\n","protected":false},"excerpt":{"rendered":" Samsung heir Lee Jae-yong has been freed from jail after a South Korean court suspended his five year jail term for bribing the country’s ex-president. An appeals court upheld parts of the conviction, but used its discretion to release the executive. South Korea’s supreme court is expected to appeal against the decision. The case gripped […]<\/p>\n","protected":false},"author":14,"featured_media":398328,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[106],"tags":[205],"class_list":["post-398324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-samsung"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/398324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=398324"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/398324\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/398328"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=398324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=398324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=398324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}