South Korean prosecutors seek 12 year prison term for Samsung chief

[nitpicker]

http://www.dw.com/en/south-korean-prosecutors-seek-12-year-prison-term-for-samsung-chief/a-39988971

South Korean prosecutors seek 12 year prison term for Samsung chief
Date 07.08.2017

At the final hearing in the trial of Samsung Vice Chairman Lee Jae-yong on Monday, prosecutors recommended a 12-year jail term for his alleged role in a scandal that brought down the country's last president. Prosecutors called him the "ultimate beneficiary" of crimes that were committed in the scandal.

The 49-year-old Samsung heir has been in detention since February and was indicted on charges that include bribery and embezzlement. Along with four other executives, he is accused of offering $38 million (32.2 million euros) in bribes to a close friend of then-President Park Guen-hye. The bribes were part of a move to win presidential favors and to secure government help in a merger that bolstered Lee's control over Samsung. "The defendants were closely tied to power and sought personal gains," the prosecutors said.

The charges could entail at least a five-year prison sentence if Lee is convicted. The court is expected to rule on the case later this month.
(snip)

[procon]

1. If a few American CEOs and board members were doing prison terms

for their misdeeds, maybe the rest of us peons would get a little justice served along with our inequality.