{"id":643008,"date":"2017-08-28T03:59:17","date_gmt":"2017-08-28T03:59:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/samsung-group-head-sentenced-to-five-years-in-prison-on-bribery-charges\/"},"modified":"2017-08-28T03:59:17","modified_gmt":"2017-08-28T03:59:17","slug":"samsung-group-head-sentenced-to-five-years-in-prison-on-bribery-charges","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/samsung-group-head-sentenced-to-five-years-in-prison-on-bribery-charges\/","title":{"rendered":"Samsung Group head sentenced to five years in prison on bribery charges"},"content":{"rendered":"

Samsung Group Vice Chairman (and de facto head of the company) Lee Jae-yong was sentenced to five years in prison on Friday on bribery charges<\/strong>, in what Reuters calls<\/a> a watershed case for South Korea. Lee had been on trial for six months on charges that he paid bribes to associates of ousted President of South Korea Park Geun-hye \u2014 a trial which itself caused her ousting. The court also found Lee guilty of hiding assets abroad, embezzlement and perjury. The case has shaken the traditional ties between the state and South Korea\u2019s powerful, family run businesses, called chaebols. Traditionally, chaebols have been afforded ample protection from the state, at times in the form of presidential pardons, because of their important roles in turning the country into a global economic power. Current president Moon Jae-in ran on a platform of reigning in the chaebols. The current \u201ctorch and pitchfork\u201d rallies for the heads of businessmen seems eerily familiar to us here.\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Samsung Group Vice Chairman (and de facto head of the company) Lee Jae-yong was sentenced to five years in prison on Friday on bribery charges, in what Reuters calls a watershed case for South Korea. Lee had been on trial for six months on charges that he paid bribes to associates of ousted President of […]<\/p>\n","protected":false},"author":1,"featured_media":643009,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-643008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"89b0d9d2-bd65-4f1a-ae6b-8080db287470","order":"0","is_powered_by":true,"section_story_id":"f6362f37-1307-4d4e-bfca-80b5938a696a","story_type":"1","photo_url":"https:\/\/ent.news\/2017\/8\/289.jpg","photo_position":"above","related_issue":[642988],"teaser":"","voice_url":""},"yoast_head":"\nSamsung Group head sentenced to five years in prison on bribery charges - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/samsung-group-head-sentenced-to-five-years-in-prison-on-bribery-charges\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Samsung Group head sentenced to five years in prison on bribery charges\" \/>\n<meta property=\"og:description\" content=\"Samsung Group Vice Chairman (and de facto head of the company) Lee Jae-yong was sentenced to five years in prison on Friday on bribery charges, in what Reuters calls a watershed case for South Korea. Lee had been on trial for six months on charges that he paid bribes to associates of ousted President of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/samsung-group-head-sentenced-to-five-years-in-prison-on-bribery-charges\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-28T03:59:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/289.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/samsung-group-head-sentenced-to-five-years-in-prison-on-bribery-charges\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/samsung-group-head-sentenced-to-five-years-in-prison-on-bribery-charges\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Samsung Group head sentenced to five years in prison on bribery charges\",\"datePublished\":\"2017-08-28T03:59:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/samsung-group-head-sentenced-to-five-years-in-prison-on-bribery-charges\/\"},\"wordCount\":173,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/samsung-group-head-sentenced-to-five-years-in-prison-on-bribery-charges\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/289.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/samsung-group-head-sentenced-to-five-years-in-prison-on-bribery-charges\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/samsung-group-head-sentenced-to-five-years-in-prison-on-bribery-charges\/\",\"name\":\"Samsung Group head sentenced to five years in prison on bribery charges - 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Abdel Basset has been charged with accepting bribes in return for awarding construction and\u2026","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648934,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/mubarak-era-interior-minister-habib-el-adly-sentenced-to-7-years-in-prison\/","url_meta":{"origin":643008,"position":2},"title":"Mubarak-era Interior Minister Habib El Adly sentenced to 7 years in prison","author":"enterpriseam admin","date":"18 April 2017","format":false,"excerpt":"The Cairo Criminal Court sentenced former Interior Minister Habib El Adly and two of his deputies to seven years in prison on corruption charges on Saturday, Al Masry Al Youm reports. The court also decided that the three must return EGP 196 mn they were found guilty of misappropriating. El\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625716,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/13\/mohammed-badie-and-four-others-sentenced-to-life-in-prison\/","url_meta":{"origin":643008,"position":3},"title":"Mohammed Badie and four others sentenced to life in prison","author":"enterpriseam admin","date":"13 August 2018","format":false,"excerpt":"A Cairo court sentenced yesterday ex-Ikhwan head Mohammed Badie and four others to life in prison on charges related to the killing of seven people in 2013, according to the Associated Press. Four others also received 10-15-year sentences on the same charges. The verdict, which can be appealed, is the\u2026","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":653166,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/30\/salafist-figure-abu-ismail-sentenced-to-five-years-on-violence-related-charges\/","url_meta":{"origin":643008,"position":4},"title":"Salafist figure Abu Ismail sentenced to five years on violence-related charges","author":"enterpriseam admin","date":"30 January 2017","format":false,"excerpt":"A Cairo court sentenced Salafist politician and onetime presidential candidate Hazem Salah Abu Ismail to five years in prison on Sunday, for urging his supporters to violently \u201cbesiege\u201d a courthouse in 2014, Ahram Online reports. Abu Ismail has been serving a seven-year sentence since 2014 on charges of forging documents\u2026","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635060,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/court-sentences-six-alleged-islamists-to-life-in-prison-over-violence-charges\/","url_meta":{"origin":643008,"position":5},"title":"Court sentences six alleged Islamists to life in prison over violence charges","author":"enterpriseam admin","date":"31 January 2018","format":false,"excerpt":"The Cairo Criminal Court sentenced six alleged Muslim Brotherhood members to life in prison yesterday on charges of terrorism, the state news agency said, according to The Associated Press. 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