Ex-Korean President jailed for 15 years on corruption charges

5 October 2018 12:46 pm - 18     - {{hitsCtrl.values.hits}}

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Former South Korean President Lee Myung-bak was jailed by the Seoul Central District Court for 15 years for corruption, the Reuters reported today.

Lee, who was in office from 2008 to 2013, is the fourth former South Korean president to be jailed, with his successor Park Geun-hye imprisoned for her role in a separate corruption scandal that toppled her from power in early 2017 and also led to jail time for Samsung Group heir Jay Y. Lee.

Lee Myung-bak faced charges that he accepted around $10 million in illegal funds from institutions like Samsung and his own intelligence service, fuelling ongoing concerns over the cozy ties between government and business leaders.

The Court found Lee guilty of embezzlement of about 24.6 billion won ($21.77 million) from a private auto parts maker headed by his brother, and accepting bribes from Samsung and others, fining Lee 13 billion won in addition to the jail sentence.

“Such actions from the president, the head of state and the leader of the executive branch, can be severely condemned as it does not stop at violating the fairness and integrity of the presidential office but undermines trust in the entire public office,” Judge Chung Kye-sun said.

Lee, 76, has denied any wrongdoing, saying the investigation that led to the trial was politically motivated “revenge” by current President Moon Jae-in, who came to office vowing to clean house after the Park scandal and who has previously criticized Lee over an investigation into another former president, Roh Moo-hyun.

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  Comments - 18

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  • goonbag Friday, 05 October 2018 12:55 PM

    This is scenario,sri Lankan's dream of becoming reality. But sadly it will never happen.

    SAINTS GO MARCHING IN Friday, 05 October 2018 06:37 PM

    Why jail our ones - they are saints.

    sobers Friday, 05 October 2018 12:59 PM

    Will it ever happen in Sr lanka? Never ever!

    Jude Friday, 05 October 2018 01:02 PM

    Hey MR take notes!!????

    Dee Friday, 05 October 2018 01:16 PM

    A dream Sri Lankans will never have!

    Ceylon Friday, 05 October 2018 01:16 PM

    when mahinda and sirisena go to jail???.

    Short sigh Friday, 05 October 2018 01:29 PM

    What about PM protecting Arjuna Mahendran...?

    Flanker Friday, 05 October 2018 01:59 PM

    Why Mahinda !! there are many others who robbed the country in broad daylight. There is no proof found of any shortcomings from MR.

    Colomo man Friday, 05 October 2018 01:27 PM

    When will our Former President ?Colombo Man

    Ruwan Friday, 05 October 2018 01:27 PM

    Ceylon what about Ranil via DM Android App

    Mandy Friday, 05 October 2018 01:38 PM

    Oh for that day when this type of justice prevails where judiciary does not put off cases for months on end, will such a day dawn for Sri Lanka. We can only live in hope.

    Zub Friday, 05 October 2018 01:44 PM

    This is justice, lot for SL to learn from them. Only in SL it takes decades to finish a case and then we boast that our judiciary is independent and quick in dispensing cases.

    lkboy Friday, 05 October 2018 01:45 PM

    Now that is Good governance, our guys could learn.

    Mandayan Friday, 05 October 2018 02:03 PM

    As soon as you lost the election, you should have become and MP... What a blunder?

    suresh Friday, 05 October 2018 02:27 PM

    do they have a Merchant Ward in Korean hospital

    Ceylon Friday, 05 October 2018 02:38 PM

    this is the third president of south korea went to jail for corruptions.srilanka has two presidents and two prime ministerts waiting for jail.it is matter of time and matter of honest person become president to carry out justice.

    Ceylon Saturday, 06 October 2018 12:27 AM

    korea has corruptions.but institutions work impartialy and implimenting the law equaly for all citizens.diferent in srilanka is law implimenting only poor and powerless citizens,rich,powerfull and well wonnected are go free with their loot to america,dubai and uk.

    Ghost Saturday, 06 October 2018 08:21 AM

    Parana record eka unath kiyanna oone: 'Koriawe ehemaunath Lankawe ehema wenne nehe"!!!


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