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Jailed Samsung heir appeals against conviction

Jay Y Lee's appeal means he could be in detention for up to 4 months; shares of Samsung Electronics fall 2%

Published Mon, Aug 28, 2017 · 09:50 PM
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Seoul

SAMSUNG Electronics vice-chairman Jay Y Lee has filed an appeal against the five-year jail term he was given for bribery and other charges through his lawyer, according to the Seoul Central District Court's website on Monday.

The website did not give any details about the appeal, which will be assigned to a higher court.

The sentencing of the billionaire scion was a watershed for South Korea's decades-long economic order, which has been dominated by powerful, family-run conglomerates.

Mr Lee's lawyer has steered media inquiries to Samsung, whose spokeswoman did not have any immediate comment about the appeal against the sentence handed down last Friday. Mr Lee, the 49-year-old heir to one of the world's biggest corporate empir…

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