Samsung Electronics Vice Chairman Jay Y. Lee speaks during a news conference at a company's office building in Seoul, South Korea May 6, 2020. — Reuters pic
Lee, 51, is scheduled to appear in the Seoul Central District Court at 10:30am , then head to a detention centre to await the judge’s decision, expected as early as same day. Samsung on Friday denied the stock-manipulation allegation against Lee, saying it was “beyond common sense” to claim Lee was involved in the decision-making.
Samsung said “groundless, incorrect and speculative media reports” about Lee would “never be desirable, not only for Samsung but for the future of the Korean economy.”He served in jail for about one year until February 2018 for his role in a bribery scandal involving former President Park Geun-hye.
Source: Law Daily Report (lawdailyreport.net)
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