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South Korea appeals court upholds Samsung chief's fraud acquittal

3 February 2025
51516
2025-02-03 16:41

Samsung Electronics chief Lee Jae-yong was cleared on Monday of charges related to the 2015 merger between Samsung C&T and Cheil Industries, which prosecutors had claimed was intended to strengthen his control of the company. The ruling marks the end of a lengthy legal battle over the merger, which had raised concerns about corporate governance. Lee is expected to return to his business duties following the decision.

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