China News Service, January 21. According to Korean media reports, Samsung’s “head” Lee Jae-yong, who was sentenced to imprisonment in the case of “trustworthy intervention in politics”, said on the 21st that he would continue to support the work of the Samsung Legal Monitoring Committee.
Samsung Electronics said on the 21st that Lee Jae-yong, who was sentenced and imprisoned, said in prison that he would continue to support the work of the Compliance Monitoring Committee, and urged the chairman and committee members to continue their duties.
Data map: Li Zairong.
According to previous reports, Lee Jae-yong was involved in the scandal of former South Korean President Park Geun-hye's "confidentiality in politics". He was accused of donating and bribery to a consortium controlled by Park Geun-hye’s "best friend" Choi Sun-sil to obtain convenience for inheriting Samsung. He was prosecuted in February 2017.
Li Zairong was sentenced to 5 years in prison in the first instance, and 2 years and 6 months in prison in the second instance, suspended for 4 years, and released.
In 2019, the South Korean Supreme Court sent the case back for retrial.
In October 2020, the Seoul High Court initiated a retrial of the case.
On December 30, 2020, South Korean prosecutors asked the court to sentence Lee Jae-yong to 9 years in prison.
On the afternoon of January 18, 2021, local time, the Seoul High Court of South Korea issued a sentence on the retrial of Samsung Electronics Chairman Lee Jae-yong's "confidential intervention in politics" case and sentenced him to 2 years and 6 months in prison.
Li was arrested in court in Rong.
In October 2019, the Seoul High Court put forward three requirements for Samsung in its in-depth reform, improvement of the company's internal control and compliance system, and correction of the malpractices of the chaebol system when it issued a retrial in the Lee Jae-yong case.
Samsung immediately established a compliance monitoring committee.
In May 2020, Lee Jae-yong apologized to all citizens that compliance with the law is a value principle that cannot be compromised and will be deeply rooted in Samsung's corporate culture, and promised to ensure that the Compliance Committee can continue its activities with a high degree of independence.