Prosecutors Seek 9-Year Prison Term for Samsung Chief Lee

South Korean prosecutors on Wednesday requested a nine-year prison term for Samsung’s de facto chief, Lee Jae-yong, during a retrial for his bribery charges, as Lee offered an apology and vowed not to be implicated in similar allegations in an apparent effort to plead for leniency.

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Samsung’s Lee Indicted Over Controversial 2015 Merger

South Korean prosecutors on Tuesday indicted Samsung heir Lee Jae-yong on charges of stock price manipulation and other financial crimes, setting up what could be a protracted legal battle to determine whether the 52-year-old billionaire illegally cemented his control over the business giant.

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