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Samsung Heir Sentenced For Corruption In Same Scandal As Former South Korean President | TIME

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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.Subscribe to TIME ►► http://po.st/SubscribeTIME Get closer to the world of entertainment and celebrity news as TIME gives you access and insight on the people who make what you watch, read and share. https://www.youtube.com/playlist?list... Money helps you learn how to spend and invest your money. Find advice and guidance you can count on from how to negotiate, how to save and everything in between. https://www.youtube.com/playlist?list... Find out more about the latest developments in science and technology as TIME’s access brings you to the ideas and people changing our world. https://www.youtube.com/playlist?list... Let TIME show you everything you need to know about drones, autonomous cars, smart devices and the latest inventions which are shaping industries and our way of living https://www.youtube.com/playlist?list... Stay up to date on breaking news from around the world through TIME’s trusted reporting, insight and access https://www.youtube.com/playlist?list... CONNECT WITH TIMEWeb: http://time.com/ Twitter: https://twitter.com/TIME Facebook: https://www.facebook.com/time Google+: https://plus.google.com/+TIME/videos Instagram: https://www.instagram.com/time/?hl=en Magazine: http://time.com/magazine/ Newsletter: time.com/newsletterABOUT TIMETIME brings unparalleled insight, access and authority to the news. A 24/7 news publication with nearly a century of experience, TIME’s coverage shapes how we understand our world. Subscribe for daily news, interviews, science, technology, politics, health, entertainment, and business updates, as well as exclusive videos from TIME’s Person of the Year, TIME 100 and more created by TIME’s acclaimed writers, producers and editors. Samsung Heir Sentenced For Corruption In Same Scandal As Former South Korean President | TIME https://www.youtube.com/user/TimeMaga...

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samsung samsung heir samsung heir sentenced samsung heir sentenced to 5 years samsung heir corruption samsung heir corruption scandal scandal corruption guilty found guilty former south korean president southkorea south korean president corruption heir sentenced heir samsungheir samsungheirscandal scandal south korea jail court courtcase sentencing sentenced five years in jail fiveyears jailtime Time time magazine magazine time (magazine) news today world news
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