Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Wednesday, July 18, 2018 09:07:54 AM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

Appeal trial for Samsung heir starts in Seoul

By
13th-Oct-2017       
Comments
Share your thought
Post a comment »
Read all () »

AFP, Seoul :
Samsung heir Lee Jae-Yong was back in court Thursday to appeal his five-year sentence for bribing South Korea's ousted president Park Geun-Hye, with prosecutors arguing for a longer jail term.
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.
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.
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.
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.

Tariff
Add Rate

News Archive

Inside The New Nation

Entertainment »

Elnaaz surprised by Salman -Katrina controversy about Sacred Games


Actress Elnaaz Norouzi is surprised that there is a controversy about the characters of Karan Wahi and her in the Netflix series Sacred Games. The characters are alleged to have taken inspiration from real life incidents in Salman Khan and his ex-girlfriend Katrina Kaif's real lives.  "While shooting the episodes, ...

Entertainment »

Vidya Balan is all set to play her first Telugu film!


One can't refute the fact that Vidya Balan is one of the most versatile actresses in Indian Cinema today. The National Award Winning actress has never shied away from going off the beaten track and picking up complex and challenging roles. Needless to say, she has effortlessly nailed them all ...

Football »

Mbappe to donate US $500,000 World Cup winnings to charity


Sports Desk :French teenage sensation Kylian Mbappe will be donating his entire World Cup earnings to a charity that organises sporting events for children with disabilities.The 19-year-old reportedly earned about US$22,300 per game in the tournament and an additional US$350,000 for helping his country lift the World Cup trophy on ...

Editorial »

Trump‘s behaviour in meeting with Putin regarded as disgraceful


US President Donald Trump has defended Russia over claims of interference in the 2016 presidential election. After face-to-face talks with Russian President Vladimir Putin, Mr Trump contradicted US intelligence agencies and said there had been no reason for Russia to meddle in the vote, as per international media reports.Mr Putin ...

City »

BNP Standing Committee member Dr Khondkar Mosharraf Hossain speaking at an opinion sharing meeting on 'Role of Present Election Commission and Blue Print of the Government' organised by Bangladesh Youth Forum at the Jatiya Press Club on Tuesday.


International »

No reason to believe Russia behind election meddling


Reuters, Helsinki :U.S. President Donald Trump emerged from a meeting with Vladimir Putin on Monday saying he saw no reason to believe Russia had hacked the 2016 U.S. presidential election, and the Russian leader "was extremely strong and powerful" in denying it.Trump held his meeting just days after a special ...

International »

US, North Korea hold 'productive' talks on war remains: Pompeo


AP, Seoul :U.S. and North Korean officials held "productive" talks Sunday to discuss the return of U.S. service members' remains missing since the Korean War, U.S. Secretary of State Mike Pompeo said.Pompeo, who was not part of the talks, said in a statement that working level meetings between U.S. and ...

Business & Economy »

American Tony Roma now in Dhaka


Business Desk :America's most favorite ribs & steak chain "Tony Roma's" opened officially in Bangladesh on Monday.The first flagship outlet was launched at the most aristocratic zone in the city, NEB (3B), Road#74, Gulshan-2 in Dhaka. US Ambassador to Bangladesh Marcia Bernicat attended the function as the chief guest.Tony Roma's ...

Editorial »

Govt`s pragmatic step is needed to save Bangladesh from adverse impact of global warming


A RECENT study has shown that Bangladesh is among the countries 'most at risk' as over one billion people in the world are lack of air conditioning and refrigeration to keep them cool and to preserve food and medicines while global warming increasing temperatures. More electricity demand for fridges, fans ...

Football »

Harry Kane wins Golden Boot


England captain Harry Kane has won the Golden Boot after finishing as the World Cup's top scorer with Croatia's Luka Modric winning the Golden Ball for being the player of the tournament.Belgium midfielder Eden Hazard was the second-best player, with France forward Antoine Griezmann third.His French team-mate Kylian Mbappe won ...

Football »

Luka Modric (left) poses with the Golden Ball with Kylian Mbappe holding his Young Player Award on Sunday.


Entertainment »

Mamo, Mehazabien together


Entertainment Report :Zakia Bari Mamo and Mehazabien Chowdhury came to showbiz from the common platform. Both of them have common respect to each other. They won the hearts of many viewers by virtue of presenting their acting skills in last Eid works. Directors can easily rely on them. In last ...

City »

President candidate of a faction of BFUJ Molla Jalal, among others, at a journalists' rally organised by 'BFUJ Nirbachane Dabi Adai Sangram Committee'at the Jatiya Press Club on Monday demanding declaration of BFUJ election result.


International »

Gaza mourns teenage boys killed in Israeli air raid


Al Jazeera News :Umm Luay zooms in on a photograph on her mobile phone and kisses the screen, again and again.In the photo, her son, Luay Kaheel, is seen smiling alongside his friend, Amir al-Nimra. The two teenagers, 16 and 15 respectively, died on Saturday minutes after an Israeli air ...

Editorial »

Nobody could enjoy freedom to foil peaceful movement of students


ONCE again, the activists of Bangladesh Chhatra League (BCL) yesterday assaulted some students and teachers of Dhaka University to foil their human chain programme at Central Shaheed Minar demanding release of three quota reformists. The reformist leaders Jashim and Moshiur were shown arrested in a case filed for the attack ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news