Samsung chief will not appeal 2.5-year jail term: lawyer ...United Arab Emirates

Seoul: The de facto chief of South Korea's Samsung business empire will "humbly accept" the court ruling that sentenced him to 2.5 years in prison for corruption and will not appeal, his lawyer said Monday. Lee Jae-yong, vice-chairman of Samsung Electronics, the world's biggest smartphone and memory chip maker, was found guilty of bribery and embezzlement in connection with the scandal that brought down former president Park Geun-hye. The Seoul Central District Court jailed him in a retrial last week, the latest step in a long-running legal process that has hung over Samsung for years. But the decision not to appeal could mean that Samsung is looking to draw a line under the issue: with tim

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Samsung chief will not appeal 2.5-year jail term: lawyer ...United Arab Emirates

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