New Delhi, July 17 -- Concluding a long legal battle, the Supreme Court of Korea cleared Lee Jae-yong (Executive Chairman, Samsung Electronics) of fraud charges. The Supreme Court of Korea is the highest ordinary court of the Judicial branch located in Seocho, Seoul, South Korea. This court was established under Chapter 5 of the Constitution of South Korea.
Lee was accused of fraudulent involvement in a 2015 Samsung C&T ( Samsung Construction & Trading Corporation) and Cheil Industries Inc. (a former Korean Textile Firm) merger deal. The Supreme Court of Korea upheld a ruling passed by the Seoul High Court that acquitted Lee and some other officials of Samsung, including Choi Gee-Sung (President and Chief Executive, Digital Media Division)...