Will Samsung Case Mark A Turning Point For South Korean Business Ties To Government?
After Lee Jae-yong's conviction for bribery, "I hope this is a starting point to cutting off businesses' close relationship to the government," said South Korean President Moon Jae-in's spokesman.
A South Korean court's decision Friday to sentence Lee Jae-yong, the de facto leader of Samsung, to five years in prison on corruption charges is reverberating across the country. The nation's economy and Samsung's fortunes have been inextricably linked for decades. Now both face questions about what they'll look like going forward.
