South Korea's Supreme Court Affirms Acquittal of Samsung's Lee in 2015 Merger Case

Reported 1 day ago

South Korea's Supreme Court has upheld the acquittal of Samsung Electronics Chairman Lee Jae-yong on financial crime charges related to the controversial 2015 merger of Samsung affiliates. The court ruled that prosecutors did not provide adequate evidence to prove that the merger was unlawfully conducted to bolster Lee's control over the company. This decision concludes years of legal challenges concerning the merger, which faced opposition from some shareholders who felt it disproportionately favored the Lee family.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis