Samsung chairman cleared of fraud by South Korea’s top court

South Korea has the best trial Rejecting all charges in a long-term fraud Chairman Jay Y. Lee. Accounting fraud and joint-stock manipulation caused by two Samsung branches in 2015. Prosecutors accused of manipulating stock prices to clear the path of combination in attempting to strengthen their strength.

In 2024, a court ruled that they could not prove the allegations of prosecutors. The court has been working with the application process since then. In a statement Samsung’s lawyers added that the final judge was legally completed and “they are sincere grateful” to the Supreme Court.

In 2017, Lee was sentenced to five years in prison after convicting government officials in connection with the merger. However, the Supreme Court canceled the decision and was re-judged. As a result, Lee was sentenced to 30 months in prison and served 18 months before the password. Then the South Korean President Yoon Suk Yeol (this year was fired and recently became a failed law in 2024) later made Lee.

Although the authorities of the Supreme Court are expected, the “legal uncertainty” associated with Samsung, said an analyst. Will allow Lee to pay more attention to Samsung in the beginning of this month In April-June quarter, 56% of operating interests decrease by 56 percent compared to the same period in 2024. This is the slow sale of AI plugs in a large part.