Samsung boss acquitted in fraud trial. Prosecutors demanded five years in prison for Samsung boss Jay Y.
Lee. He ignored shareholder rights during a merger. A court has now exonerated the manager. Lee's family and affiliated companies currently hold almost 21 percent of Samsung Electronics.. Public opinion has long wavered between recognition of their role in the country's economic success and anger over various scandals. A few years ago, Samsung boss Lee spent a total of 18 months in prison. for bribing former South Korean President Park Geun-hye.