South Korean prosecutors sought a five-year prison sentence and a 500 million KRW fine, equivalent to $375,000, for Samsung Electronics Chief Jay Y. Lee

South Korean prosecutors have requested a five-year prison sentence for Samsung Electronics Chairman Jay Y. Lee. The case, tried at an appeals court, revisits allegations surrounding a controversial merger of Samsung affiliates that prosecutors argue bolstered Lee’s control over the conglomerate at the expense of minority shareholders.

SEOUL (Reuters) - South Korean prosecutors requested on Monday a five-year jail term for Samsung Electronics Chairman Jay Y. Lee over actions in a controversial merger of Samsung affiliates that helped solidify his control in a case being tried at an appeals court.

South Korean prosecutors requested on Monday a five-year jail term for Samsung Electronics Chairman Jay Y. Lee over actions in a controversial merger of Samsung affiliates that helped solidify his control in a case being tried at an appeals court.

South Korean prosecutors requested on Nov 25 a five-year jail term for Samsung Electronics chairman Lee Jae-yong over his actions during a controversial merger of affiliates that helped solidify his control,

Prosecutors on Monday demanded a five-year prison sentence for Samsung Electronics Co. Chairman Lee Jae-yong in an appeal against a court decision that acquitted the chairman over the controversial 2015 merger of two Samsung affiliates.

Prosecutors have called for a five-year prison sentence and a fine of 500 million won ($380,000) for Samsung Electronics Chairman Lee Jae-yong in his appellate trial over allegations of illegal succession of management control.