Samsung Electronics chief Lee Jae-yong acquitted again in appeal over alleged illegal merger
Автор: Arirang News
Загружено: 2025-02-03
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이재용 '부당합병•회계부정' 1심 이어 항소심도 무죄
Samsung Electronics Chairman Lee Jae-yong has had his acquittal upheld by an appeals court with regard to allegations of unfairly merging Cheil Industries and Samsung C&T.
In 2015 Lee was accused of orchestrating the merger to secure control over Samsung Electronics as Samsung C&T was a major shareholder of the company.
Lee attended the ruling at the Seoul High Court earlier today as the judges ruled that he was not guilty of a wide array of allegations ranging from illegal trading to market manipulation to breach of duty.
Last year a lower court cleared him of all charges ruling that the merger appeared driven by business needs.
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2025-02-03, 17:00 (KST)
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