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Samsung heir released after one year detention

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7 years ago

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Seoul, Feb 5 (IANS) A South Korean court on Monday released Samsung Electronics Vice Chairman Lee Jae-yong after it handed him a suspended sentence dismissing most of the key charges in a scandal that led to the ouster of former President Park Geun-hye.

The Seoul High Court sentenced Lee to two and a half years in prison with a stay of execution for four years. He was immediately freed from a nearly year-long incarceration, reports Yonhap News Agency.

The scion of South Korea’s biggest conglomerate was sentenced to five years in prison on August 25, 2017, for giving 8.8 billion won ($8.1 million) to Park and her confidante, Choi Soon-sil, in return for government backing for the merger of two key Samsung units, a process that was deemed vital for his leadership succession.

Special Counsel Park Young-soo had demanded 12 years in prison for Lee. Lee and the prosecution both appealed the ruling.

Reversing the lower court’s ruling, the appeals court did not acknowledge that leadership succession had been in place at Samsung as claimed by the prosecution.

It found Samsung had thus no agenda for which it needed to make an “explicit or implicit request” to the former President, seeking government consent from the outset.

Lee, 50, was arrested on February 17, 2017 and was indicted on five charges, including bribery, embezzlement and hiding assets overseas.

The special counsel accused Lee of offering or promising 43.3 billion won to Park and Choi in the name of sponsoring the equestrian training of Choi’s 22-year-old daughter, Chung Yoo-ra, a former dressage rider.

The lower court found him guilty on all five counts but acknowledged only part of the bribes and tossed the pledged amount that was never paid.

Lee pleaded not guilty.

–IANS
ksk/rn

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Apple is giving a huge discount on its gadgets: Details inside

Published

2 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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