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Billionaire Samsung heir may be convicted for 12 years in prison for corruption - South Korean prosecutors

Billionaire Samsung heir may be convicted for 12 years in prison for corruption - South Korean prosecutorsSouth Korean prosecutors have recommended imprisoning a billionaire Samsung heir for 12 years if he is convicted of bribery and other crimes in a national corruption scandal.

This is reported by The Associated Press.

Prosecutors' recommendation Monday concludes the four-month-long hearing over the allegations against Lee Jae-yong.

The 49-year-old vice chair at Samsung Electronics was indicted in February on charges including offering $38 million in bribes to a friend of then-President Park Geun-hye to seek government help in a merger that strengthened his control over Samsung. Park was removed from office and is being tried separately.

Lee has denied all charges and distanced himself from Samsung's now-disbanded secretive strategy office that oversaw the merger at the center of the scandal.

The charges could entail at least five years in prison if Lee is convicted.
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