Sam­sung scion fights back as ap­peal be­gins

Daily Sabah (Turkey) - - Business -

THE HEIR to South Korea’s Sam­sung Group ap­peared in a packed court yes­ter­day for the first day of ar­gu­ments in the ap­peal of his five-year jail term for cor­rup­tion. The 49-year-old Jay Y. Lee was con­victed by a lower court in Au­gust of brib­ing for­mer pres­i­dent Park Geun-hye to help strengthen his con­trol of the crown jewel in the con­glom­er­ate, Sam­sung Elec­tron­ics, one of the world’s big­gest tech­nol­ogy com­pa­nies. The ap­pel­late court hear­ing the ap­peal is likely to try to rule on the case by next Fe­bru­ary, le­gal ex­perts said. Which­ever side loses could take the case to the Supreme Court, the fi­nal court of ap­peal in South Korea. Lee’s pres­ence marked his first public ap­pear­ance since the Au­gust rul­ing. He did not speak dur­ing the early pro­ceed­ings other than giv­ing his birth date and ad­dress. The lower court in Au­gust had ruled that while Lee never asked for Park’s help di­rectly, the fact that a 2015 merger of two Sam­sung af­fil­i­ates did help ce­ment Lee’s con­trol over Sam­sung Elec­tron­ics “im­plied” he was ask­ing for the pres­i­dent’s help to strengthen his con­trol of the firm.

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