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Friday, October 5, 2018

Former South Korean President Lee Sentenced to 15 Years

Former South Korean President Lee Myung-bak was sentenced to 15 years in prison Friday on a range of corruption allegations.

Lee also was ordered to pay an almost $11.5 million fine.

He had been alleged to have taken $9.7 million in bribes from Samsung and other companies while in office, as well as embezzling almost $35 million from a company he was involved with.

Prosecutors had originally sought a sentence of 20 for his illegal activities.

Lee has denied all wrongdoing and called the case against him “political revenge.” He has been in custody since March 23.

Lee is the fourth elected South Korean leader to receive jail time after leaving the executive position.

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