Thu, 17 Jul 2025

Thu, 17 Jul 2025 Samsung boss cleared of fraud by South Korea's top court

The ruling comes after Lee Jae-yong was acquitted of all charges in two earlier trials.
He was accused of using stock and accounting fraud to gain control of the company, but the Supreme Court in Seoul upheld a not guilty verdict. This clears his name after he was acquitted of all charges in two earlier trials, and follows a five-year trial process. The case drew attention to corporate corruption scandals involving South Korea's powerful family-run conglomerates known as chaebols. Samsung's lawyers said the merger was lawful, and thanked the court for its "wise judgment".
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