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Ex-South Korean president sentenced to 17 years behind bars — media

Moreover, Lee Myung-bak was ordered to pay fines amounting to $15.7 million
Former South Korean President Lee Myung-bak Chung Sung-Jun/Pool Photo via AP
Former South Korean President Lee Myung-bak
© Chung Sung-Jun/Pool Photo via AP

TASS, February 19. The Seoul High Court has ruled that former South Korean President Lee Myung-bak (2008-2013) is guilty of embezzlement and bribery. The former leader was sentenced to 17 years in prison, Yonhap News Agency reported Wednesday.

Moreover, Lee Myung-bak, 78, was ordered to pay fines amounting to $15.7 million. He was taken into custody in the courtroom.

Prosecution suspected the former president of embezzling funds of DAS, a car-parts manufacturing company, where Lee Myung-bak was the largest shareholder as well as accepting bribes from Samsung Electronics when in office.

Lee Myung-bak earlier served a sentence for various counts of corruption and bribery. On March 22, 2018, he was taken into custody and sentenced to 15 years behind bars by the Seoul High Court on October 5 later that year. However, he was freed on bail in March 2019 due to health concerns.