8/29/2019, 8:27 AM (Source: TeleTrader)
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Samsung heir's suspended sentence to be reviewed - top court

South Korea's Supreme Court ordered a lower court to review its decision to suspend Samsung's Vice-Chairman and heir Lee Jae-yong's (pictured) jail sentence.

The country's top court also noted major corruption charges against Lee should be looked at again since the lower court excluded Samsung's some donations and gifts given to former President Park Geun-hye's friend Choi Soon-sil, including three horses worth $2.8 million dollars from the bribery charges. Chief Justice Kim Myeong-su stressed that the horses, as well as a $1.4 million donation to a sports foundation run by Choi, can be considered bribes.

In 2017, Lee was sentenced to five years in prison after finding him guilty of bribery, embezzlement and perjury amid the corruption scandal which rocked South Korea and led to Park's impeachment. However, an appeals court later cut the sentence to two and a half years and added the verdict will be suspended for four years.

Baha Breaking News (BBN) / NP