Billionaire Samsung heir Lee Jae-yong jailed for five years

Billionaire Samsung heir Lee Jae-yong jailed for five years

The billionaire heir to the Samsung empire has been sentenced to five years in prison after being convicted of offering bribes to South Korea’s former president. Lee Jae-yong was also found guilty by a panel of three judges of embezzlement, hiding assets overseas, concealing profits from criminal acts and perjury. The court in Seoul found Lee hoped that bribes to then-president Park Geun-hye and a close friend would secure support for a merger that strengthened…

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North Korea crisis: South’s leader in plea to avoid war

North Korea crisis: South’s leader in plea to avoid war

South Korean President Moon Jae-in has called on his US allies to help prevent a war, amid worsening tension over the North’s nuclear threat. Mr Moon told the visiting top US military official that there must be a diplomatic solution to the crisis. Gen Joseph Dunford said the US priority was diplomacy but added that military options were being prepared should sanctions against the North fail. The North on Monday said any war could “only…

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