4/6/2018, 8:28 AM (Source: TeleTrader)
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Ex-S.Korean president Park found guilty of bribery

Ousted South Korean President Park Geun-hye was found guilty of bribery, abuse of power and coercion by a court in Seoul on Friday.

In a verdict that is being broadcast live on local television, Park faces the decision on a total of 18 charges related to corruption. The former head of state was sentenced to 24 years in prison.

Park was impeached after a corruption scandal broke out in relation to business dealings of her confidante Choi Soon-sil. The corruption probe also saw Lotte Group's chairman Shin Dong-bin and Samsung heir Lee sentenced to jail terms.

Baha Breaking News (BBN) / VP