1. Prosecutors’ unfair merger, accounting fraud Lee Jae-yong, 5 years in prison, and 500 million won in fines

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(1)Home > Latest Article
(2)Section 1 Unjust Merger and Accounting Department of the Prosecution Service
(3)Jung Lee Jae-yong was sentenced to five years in prison and a fine of 500 million won
(4)to Chairman Lee Jae-yong’s court
(5)Seoul = Yonhap News Reporter Park Dong-ju = Samsung Electronics Chairman Lee Jae-yong attends the first trial decision on accounting fraud and unfair merger held at the Seoul Central District Court in Seocho-gu, Seoul on the morning of the 17th 20231117

1. Prosecutors’ unfair merger, accounting fraud Lee Jae-yong, 5 years in prison, and 500 million won in fines

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Violation of the Capital Markets Act related to the merger of Samsung C&T and Cheil Industries. In this process, he was charged with violating the External Audit Act on the accounting of business malpractice

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