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25 August, 2017 12:20

Samsung heir Lee Jae-yong jailed for corruption

A court in South Korea has sentenced Samsung's billionaire heir-apparent Lee Jae-yong to five years in prison for corruption.

Mr Lee was accused of bribery in a scandal that also saw the impeachment of South Korea's former president.

The case has gripped the public amid growing anger against South Korea's biggest companies, known as chaebols.

Mr Lee, who denied all charges, had faced a jail sentence of up to 12 years.

Also known as Jay Y Lee, the de facto head of the world's largest smartphone maker had been detained since February on a string of corruption charges.

These included including bribery, embezzlement and hiding assets overseas.

The 49-year-old was accused of giving donations worth 41bn won ($36m; £29m) to non-profit foundations operated by Choi Soon-sil, a friend of South Korea's former President Park Geun-hye, in return for political favours.

Prosecutors alleged that the donations were made to Ms Park's confidante to win government support for a big restructuring of Samsung that would strengthen Mr Lee's control over Samsung Electronics.

A lawyer for Mr Lee has said already said they will appeal against the decision.

"We are confident the ruling will be overturned," lawyer Song Wu-cheol told reporters after the ruling, according to Reuters.

Nevertheless this ruling represents a huge blow to South Korea' biggest and most well-known business empire. Since the verdict, Samsung shares fell by 1%.

The conviction raises questions about Mr Lee's leadership of the conglomerate. He has been standing in as chairman since his father, Lee Kun-hee, suffered a heart attack in 2014.

The Samsung scandal contributed to President Park's eventual impeachment. Her friend Choi Soon-sil has already been jailed for three years for corruption. - announces bbc.

Fadi Asli charged with 3 000 GEL for insulting the judge’s dignity

21 September, 2017 , 15:59

Tbilisi City Court has taken a precedent decision – as the court has announced, for the first time in the judicial history, the court has charged a citizen with 3 thousand GEL for insulting the honor and the dignit

Iberia TV suffered GEL 1 118 000 loss as a result of the seizure of its broadcasting license - the Prosecutor

20 September, 2017 , 15:50

The Tbilisi City Court has resumed hearings on the case of the seizure of Iberia TV Company’s broadcasting license. The witness of the prosecution, who is the representative of the National Bureau of Expertise, was

Public Defender Addresses Ministry of Internal Affairs concerning Ineffective Response to Cases of Domestic Violence

23 August, 2017 , 11:44

On August 16, 2017, the Public Defender of Georgia addressed the Ministry of Internal Affairs of Georgia with a recommendation with regard to ineffective response to two cases of domestic violence. One of the cases conce

About 150 Georgian citizens on hunger strike in Istanbul prison - relatives talk about inhuman treatment

5 August, 2017 , 14:28

150 citizens of Georgia are on hunger strike in Istanbul. The family members of the prisoners talk about cruelty towards the convicts and accuse diplomatic representatives of negligence. "For the fourth day, 150 prisoner

Serious Fraud Office probe into tobacco giant BAT on ‘bribery’ claims

5 August, 2017 , 13:50

British American Tobacco is under formal investigation by the Serious Fraud Office over bribery allegations, the second major blow in less than a week. Shares in the Benson & Hedges-to-Pall Mall giant plunged 11% on

Young woman dies at Zugdidi Referral Hospital

4 August, 2017 , 17:33

A young woman died at Zugdidi Referral Hospital. According to the released information, the woman was brought to hospital from Anaklia resort together with 2 men with intoxication signs.  The youngsters were attendi

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