<span style="color: #222222;">Former South Korean president Lee Myung-bak was jailed for 15 years for corruption.&nbsp;</span><br />'' <br />'' <span style="color: #222222;">The 76-year-old CEO-turned-president, who served from 2008 to 2013, was found guilty on charges including bribery and embezzlement and ordered to pay a fine of 11.5 million dollar by the Seoul Central District Court.</span><br />'' <br />'' <span style="color: #222222;">&nbsp;The court found that Lee was the de-facto owner of DAS — a controversial auto parts company which he claimed was his brother's — which he used to create slush funds of. Lee was also found guilty of accepting nearly six billion won from Samsung Electronics in return for a presidential pardon for its chairman Lee Kun-hee, who was jailed for tax evasion.Both Samsung and Lee have denied any wrongdoing.</span>
News On AIR | October 5, 2018 12:54 PM
South Korea?s ex-President Lee Myung-bak jailed for 15 years