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Thursday June 13, 2024

S Korea jails ex-president Lee for 15 years

By Reuters
October 06, 2018

SEOUL: A Seoul court on Friday jailed former South Korean President Lee Myung-bak for 15 years for corruption, making him the latest in a string of high-profile political and business leaders ensnared by graft charges.

Lee, in office from 2008 to 2013, is the fourth former South Korean president to be jailed, with his successor Park Geun-hye imprisoned for her role in a separate corruption scandal that toppled her from power in early 2017 and also led to jail time for Samsung Group heir Jay Y Lee.

Lee Myung-bak faced charges that he accepted around $10 million in illegal funds from institutions like Samsung and his own intelligence service, fuelling ongoing concerns over the cosy ties between government and business leaders.