South Korea jails former president Lee Myung-bak for 15 years
A Seoul court on Friday (Oct 5) jailed former South Korean President Lee Myung-bak for 15 years, making him the latest in a string of high-profile political and business leaders ensnared by corruption charges.
Lee is the fourth former South Korean president to be jailed, with his successor Park Geun-hye imprisoned over a separate graft scandal that toppled her from power in early 2017 and fed concern over cosy ties between government and business.
Lee faced charges of having accepted around US$10 million in illegal funds from companies such as conglomerate Samsung and his own intelligence service, but he denied any wrongdoing, saying the investigation was politically motivated.
(Reuters)
Latest Headlines in Sri Lanka
- Sri Lanka PM and ADB Country Director focus on education development December 22, 2024
- Nation’s greatest asset is its people: Sri Lanka Defence Deputy Minister December 22, 2024
- Sri Lanka Exits Default: A New Chapter in Economic Recovery December 21, 2024
- Three dead, 46 injured as bus overturns on Hatton-Kandy road December 21, 2024
- Sri Lanka exits ‘Restricted Default’ rating and earns ‘CCC+’ from Fitch Ratings December 21, 2024