The billionaire heir-apparent to South Korean electronics giant Samsung has been jailed for five years as part of a whopping corruption scandal that also prompted the impeachment of the East Asian nation’s former President Park Geun-hye late last year. Lee Jae-yong, 49, who effectively ran the world’s biggest cellphone maker in place of his ailing father, stood accused of bribery and embezzlement relating to payoffs to a confidante of Park who lobbied on the $250 billion company’s behalf.
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Samsung Heir Sentenced For Corruption In Same Scandal As Former South Korean President | TIME
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