Seoul court fines Samsung leader Lee for unlawful sedative use--Yonhap | Inquirer Business

Seoul court fines Samsung leader Lee for unlawful sedative use–Yonhap

/ 02:47 PM October 26, 2021

samsung leader lee

Samsung Electronics Vice Chairman Jay Y. Lee arrives at a court in Seoul, South Korea, October 26, 2021. REUTERS

SEOUL — A Seoul court fined Samsung Electronics Co Ltd Vice Chairman Jay Y. Lee 70 million won ($59,461.62) plus a fee for unlawful use of a controlled substance, Yonhap reported on Tuesday.

Seoul Central District Court fined Lee for being administered propofol, a sedative used in anesthesia, multiple times between 2015-2020, Yonhap said.

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Under South Korean law, the recipient of a controlled substance deemed to have been administered illegally is liable for prosecution, as well as those who administered the drug.

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Lee has kept a low public profile since his parole in August from a bribery and embezzlement conviction in January. He remains on trial accused of stock-price manipulation and accounting fraud related to the $8 billion merger of two Samsung firms in 2015.

($1 = 1,177.2300 won)

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TAGS: Business, People, samsung

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