Wednesday, 13 December, 2017

South Korean Prosecutors Seek 12-Year Jail Term for Samsung Heir

Police raid office of Samsung family residences over suspected illicit payments Prosecutors seek 12-year sentence for Samsung boss in bribery trial
Lori Graves | 08 August, 2017, 00:51

The move came hours before prosecutors demanded a 12-year jail term for Lee's son and Samsung Electronics Vice Chairman, Jay Y. Lee, over bribery and other charges.

Court ruling in the case is expected on August 25th, a couple of days before Lee's ongoing period of detention ends. The prosecution has described him as the "ultimate beneficiary" of alleged bribes to Choi Soon-sil, a friend of the former head of State.

Prosecutors sought a 12-year sentence for Lee, and terms ranging from seven to 10 years for three of his co-accused. "I have never asked anyone, including the president, for anything for the company or my personal gain", he said.

The de facto leader of the Samsung business empire could face up to a dozen years behind bars if prosecutors get their way.

North Korea Threatens Retaliation Against US Over UN Sanctions
However, the top U.S. diplomat said it was not a matter of stopping the launches by "a specific number of days or weeks". Chinese Foreign Minister Wang Yi publicly admonished North Korea and urged them to abide by the new sanctions.

Liberal accusing Fox's Eric Bolling of sexual harassment previously accused two others
Before getting a spot on " Fox News Specialists", Bolling was a co-host on the popular evening program, " The Five ". Over the years, many women have come forward to reveal the sexual harassment they faced at the network.

North Korean Missiles Add Urgency To Hiroshima A-Bomb Appeals
August 6 is observed as Hiroshima Day, while August 9 as Nagasaki Day. Tokyo announced its surrender in World War II on Aug 15, 1945. Japan is the only country to have suffered atomic attacks.

Taking the stand for the first time in his defense last week, Lee claimed that he had no role in decision-making at the wider Samsung group and "mostly listened to other executives". Lee and others denied the charges, reiterating that the funds were to support horse-riding prospects with no intentions of providing special favors to Chung and that the contributions to the foundations and the sports elite center were unconditional donation.

Lee, 49, is accused of paying tens of billions of dollars in bribes to ensure a smooth power succession as his father, Samsung Chairman Lee Kun-hee, has been hospitalized since a heart attack more than three years ago.

South Korean police officials confirmed Monday that they are investigating Lee's father on allegations of embezzlement and a tax law violation.

Despite these developments, Samsung Electronics shares have risen strongly in recent months on soaring profits, driven by strong demand for its memory chips. The National Pension Service (NPS) was then-biggest shareholder of one of the two Samsung units.

Recommended

  • Australian Navy finds crashed US Marine aircraft submerged off coast

    Australian Navy finds crashed US Marine aircraft submerged off coast

    Recovery efforts continue for three missing service members after 23 of the personnel aboard the Osprey were rescued, Davis said. Marines are still missing. -Australian military training exercise at least two weeks ago in Shoalwater Bay.
    Bomb suspected in morning blast at U.S.  mosque

    Bomb suspected in morning blast at U.S. mosque

    According to CBS, the fire was small enough that community members were able to extinguish it before emergency services arrived. Authorities say the explosion damaged one room but it didn't hurt anyone. "I was shocked to learn this happened".
    Rex Tillerson to visit Southeast Asia

    Rex Tillerson to visit Southeast Asia

    From Saturday to Aug 9, the US Secretary of State will be in the Philippines, then Thailand and Malaysia. DPRK is an acronym for North Korea's official name, the Democratic People's Republic of Korea.
  • Why Europa winners should not qualify for Champions League - Wenger

    Matic scored one goal and made seven assists in 35 appearances last term despite increased competition from Cesc Fabregas and N'Golo Kante.

    European Central Bank reveals no approach made by South Africa on Ottis Gibson

    Dean Elgar, at third slip, sighted the ball early and made good ground to his left - but couldn't cling on with two hands. But the wicket of Jennings eluded Morkel because of Elgar's drop, allowing England to reach lunch on 53 for 2.
    Venezuela currency down 18 percent as installation of constituent assembly looms

    Venezuela currency down 18 percent as installation of constituent assembly looms

    Prosecutors said two individuals on a motorcycle launched the devices, which started a fire but caused no reported injuries. On the eve of the assembly's installation, the Spanish Embassy in Caracas was attacked with gasoline bombs.
  • Venkaiah elected Vice President

    Venkaiah elected Vice President

    The veteran party leader also served as the BJP national president from July 2002 to October 2004 for two consecutive terms. He represented Rajasthan in the Upper House of Parliament before he was nominated to the vice president's post by the NDA.
    What They're Saying: Steph Curry Holds His Own Against Pro Golfers

    What They're Saying: Steph Curry Holds His Own Against Pro Golfers

    He fired a respectable 4-over-par 74, picking up birdies on a pair of Par-5s and saving par with numerous long putts. There was lots of talk that he was stealing a spot from a deserving pro, and that he would be lucky to break "85".
    McMaster Opposes Trump's Every Move on Foreign Policy

    McMaster Opposes Trump's Every Move on Foreign Policy

    Kelly has also sought to tamp down on the type of death-by-leak that now is plaguing his former military colleague. Members of the alt-right tweeted under the hashtag "Fire McMaster" in an attempt to pressure the president.
  • Taylor Swift To Testify Against Former Denver DJ In Groping Case

    Taylor Swift To Testify Against Former Denver DJ In Groping Case

    She's also is seeking unspecified damages, which she's said she'll donate to charities that protect women from sexual assault. A member of Swift's staff called Mueller's boss at radio station KYGO and asked that the station "take appropriate action".
    Terror attack at military base in Valencia averted: Venezuela Govt

    Terror attack at military base in Valencia averted: Venezuela Govt

    The official said the base was " fully under control " of the authorities. She has rejected her removal as illegal and vowed to continue working.
    Jose Mourinho Ideally Wants Three Extra Signings

    Jose Mourinho Ideally Wants Three Extra Signings

    Not an inherited bunch of players with a couple of stop-gap additions to get Mourinho over the hump of a first season in charge. He started his career at Belgian minnows Lommel United before being picked up by Dutch side PSV Eindhoven as a nine-year-old.

Manchester United make £36m move for Barcelona's Sergi Roberto Manchester United make £36m move for Barcelona's Sergi Roberto Diario Gol suggests Mourinho has been in regular contact with the Barcelona player as Roberto is seeking assurances over regular playing time at Old Trafford.

PTCL Internet Services are Now Fully Restored in Pakistan PTCL Internet Services are Now Fully Restored in Pakistan Things will start getting better", the company posted on Twitter late Saturday. Work is still under way to fix the CMV 4, Janjua said.

Manufacturer determines what caused OH fair ride to fail Manufacturer determines what caused OH  fair ride to fail Kroon also shared that the company has vowed to "develop an inspection protocol" in order to prevent future tragedies. FOX8 Cleveland reports that four others remain hospitalized, including Jerrell's girlfriend, Keziah Lewis, 18.

Mysterious sea creatures that 'ate' Aussie teen identified Mysterious sea creatures that 'ate' Aussie teen identified Sam , 16, continues his recovery at Dandenong Hospital after doctors struggled for most of Sunday to control the bleeding. According to the teen's father, Jarrod Kanizay , the bleeding wasn't noticed until about 30 minutes into the soak.

Tesla Model X Will Come Down To Meet Model 3 Tesla Model X Will Come Down To Meet Model 3 Tesla Inc (NASDAQ: TSLA ) is enlisting the investing public's help to fund production of its latest line of electric vehicles. The company's stock has added about 67% for the year to date, after peaking at a year-to-date gain of almost 80% in mid-June.

APC: Attack on Catholic church barbaric APC: Attack on Catholic church barbaric The gunmen, witnesses further said, first separated a group of worshipers from the rest and started executing them with gunfire. It called on security agencies to ensure that the perpetrators of the crime were promptly apprehended and brought to justice.

Mueller Investigation Expands Focus to Probe Flynn's Finances Mueller Investigation Expands Focus to Probe Flynn's Finances Flynn had received payments secrets on the part of the Turkish government towards the end of the election campaign of 2016. According to the daily new yorker, the investigators have also interviewed witnesses to determine whether Mr.

Israel to Revoke Credentials, Close Local Operations of Al Jazeera Israel to Revoke Credentials, Close Local Operations of Al Jazeera Mr Netanyahu tweeted his congratulations to Mr Kara, "who on my instructions took concrete steps to end Al Jazeera's incitement". Mr Netanyahu wrote on Facebook on 26 July that he wanted Al Jazeera expelled amid tensions over a sensitive Jerusalem holy site.

India Mum on Troop Numbers in Doklam India Mum on Troop Numbers in Doklam He said it was unfortunate that the initiatives Prime Minister Narendra Modi had taken initially with China had petered out. The editorial also claimed that "PLA has made sufficient preparation for military confrontation".

China, ASEAN Approve Draft South China Sea Code of Conduct China, ASEAN Approve Draft South China Sea Code of Conduct Wang made no reference to Beijing's reclamation activities, but said in a statement that "China is seeking cooperation with ASEAN for development in the South China Sea".

U.S. military: Georgian soldier killed, 2 Americans wounded in latest Afghan attack U.S.  military: Georgian soldier killed, 2 Americans wounded in latest Afghan attack Mohammad Dawood, spokesman for the National Directorate of Security, said the attacks on checkpoints were all beaten back. In recent weeks, the Taliban have been increasing their attacks on towns and cities across the country.

Bank of England slashes its growth forecast (again) Bank of England slashes its growth forecast (again) The BoE faces the extra challenge of Britain's leaving the European Union , and its uncertain impact on Britain's economy. Despite the warning, Mr Broadbent played down concerns about the consequences of any future hikes in interest rates.

Moscow regards new European Union sanctions as far-fetched Moscow regards new European Union  sanctions as far-fetched It said the turbines originally had been sold for use at the Taman power plant in southern Russian Federation . Western companies are now prohibited from doing business in Crimea.

Some White House leaks are very much worth investigating Some White House leaks are very much worth investigating Mr Trump and his supporters like to publicise his disdain for taking vacations, when the truth is that he takes them constantly. Also accompanying Trump were his daughter, Ivanka Trump , and her husband, White House Senior Adviser Jared Kushner .

British model kidnapped in Milan 'to be sold in online auction' British model kidnapped in Milan 'to be sold in online auction' The Foreign Office confirmed it was providing assistance to the woman in Italy and is also cooperating with local authorities. Italian police said they are working with officials in Britain and Poland as they continue to investigate.