[이건희 별세] The judicial risk left by Jae-yong Lee … The Compliance Committee etc are real variables



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Trial scheduled for the 26th

Vice President Lee, I have to keep the slack, like it’s hard to attend

The Samsung C&T merger issue is expected to be a long-term legal battle

President Lee Kun-hee (second from right in middle row), representing the Korean business community, died on the 25th at Samsung Medical Center in Ilwon-dong, Seoul. On July 29, 2012, President Lee’s family watches the men’s 400m freestyle final at the London Olympics. Samsung Electronics Vice President Lee Jae-yong can be seen on the right side of the last row. / London = Yonhap News

While Samsung Group Chairman Lee Kun-hee has passed away, Samsung Electronics Vice Chairman Lee Jae-yong is tasked with dealing with the remaining legal risks while commemorating the deceased. Depending on how the issues of the ‘Kookjeong Nongdan incident’ and the ‘Samsung C&T merger’ are resolved, the court issues that have confined Lee for the past two to three years, not only the Samsung Group but also the entire related industry. they will have a considerable impact.

First of all, the pending issue was the reversal of the ‘Gukjeong Nongdan incident’. The Seoul High Court First Criminal Division (Judge Jung Joon-young, Song Young-seung, and Kang Sang-wook) has designated the 26th as the date of preparation for the revocation trial for the destruction of Vice President Lee. The trial was the last to lead to the January 17 trial. When the court decided to reflect the effectiveness of the Compliance Committee in sentencing, the special prosecutors raised concerns about the prejudicial trial and bypassed the court. The judiciary has established a policy to appoint three professional judges to monitor the operation of the Compliance Committee. The Special Prosecutor’s Office also filed a request to cancel the appointment of a professional judge because the related procedures were not discussed.

In particular, the judiciary requested Lee’s assistance in the preparation date of this trial. According to the Criminal Procedure Act, the preparatory date for the trial is not required by the defendant to attend, but it can be interpreted that the court demonstrated a determination that the court should no longer postpone the process in the future by requesting assistance. At first, the likelihood of Vice President Lee’s attendance was expected to be high. On the 25th, the Pacific law firm, which was in charge of defending the revocation and repatriation of Vice President Lee, said on the 25th: “We are discussing issuing a letter of reason for no-show.” Before the trial that begins at 2:00 pm on the 26th, Vice President Lee’s defense is expected to issue a statement of the reasons for the non-attendance no later than the morning of the day.

Earlier, when the Supreme Court ruled on revocation and repatriation, it stipulated that Vice President Lee should admit an additional 5 billion won for bribes to former President Park Geun-hye and Choi Seo-won (Choi Soon-sil), which weighs on the possibility of imprisonment for Lee. There was also an observation that it was not. However, as Samsung’s internal and external business environment deteriorates, and as public opinion of President Lee’s death grows, the judge may also face prison terms.

Meanwhile, Vice President Lee’s case of the illegal merger of Samsung C&T is also a trial, and a long court battle is portent. On the day of preparation for the first trial on the 22nd, Vice President Lee said: “We do not accept all the prosecution of the prosecution.” The prosecution is in the position that “this case has a great social and economic impact, so a quick and intense hearing is necessary.”
/ Reporter Son Gumin [email protected]

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