Samsung’s heir Jay Y. Lee has been sentenced to 2 1/2 years in prison for bribery and embezzlement

The Seoul Supreme Court in South Korea sentenced Lee on Monday to 2 1/2 years behind bars after convicting him of embezzlement and bribery. He was arrested after the verdict.

This is the latest twist in a controversy that Samsung has been following for years. Lee, also known as Jay Y. Lee, was caught in a massive scandal that affected the violation that the government of former South Korean President Park Geun-hye dropped. Park himself has been in prison for about two decades in connection with the case.

Lee, meanwhile, was convicted in 2017 of bribery and other corruption charges and was sentenced to five years in prison at the time. But he was released after less than a year when an appeals court dropped the charges and suspended his sentence.

This latest sentence is the result of a retrial ordered by the country’s Supreme Court.

Lee’s return to prison comes at a critical time for Samsung. His father Lee Kun-hee, the company’s chairman, passed away last year. Elder Lee has been comatose since he had a heart attack in 2014, but he was still chairman of the company. His son was the leader of Samsung.

Samsung did not want to comment on the sentencing, but rather referred to a statement from Lee’s lawyers.

“This case is essentially a violation of the company’s rights to liberty and property by the former president who is abusing her power,” said Injae Lee, the lawyer who leads the vice president’s defense team. “I find the court’s decision regrettable.”

Following the announcement, the company’s shares plunged in Seoul. Samsung (SSNLF) stock fell by almost 3.8%.

Lee may appeal if he prefers, but it was not immediately clear whether he intended to do so.

Lee’s legal problems are also not over yet. He faces a separate trial over a controversial merger in 2015 that helped him tighten control over the company. Eleven Samsung executives, including Lee, were charged last year on charges of illegal transactions, stock manipulation and perjury.

That case is still pending.

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