Seoul, August 14: A Seoul court has found former Samsung Chairman Lee Kun-hee guilty of breach of trust and handed him a suspended prison sentence.
The Seoul High Court made the ruling at a session Friday.
He was sentenced to three years in prison and fined. But he won’t go to jail if he stays out of trouble for five years.
The case centered on charges that Lee caused damage to a Samsung Group company by issuing a type of bond at below market prices.
The Seoul High Court was hearing the case for a second time after the Supreme Court in May ordered it to reconsider an earlier verdict.
Lee stepped down as chairman of Samsung Electronics Co. in 2007 upon being indicted for tax evasion.
–Agencies