S. Korea ex-president Lee jailed for 15 years over corruption

(FILES) This file photo taken on September 26, 2012 shows South Korean President Lee Myung-bak delivering a speech during a ceremony to mark the 64th Korea Armed Forces Day, which will fall on October 1, at the military headquarters in Gyeryong, about 140 kms south of Seoul. Former South Korean president Lee Myung-bak was jailed for 15 years on October 5, 2018 for corruption, becoming the latest of the country’s ex-leaders to be formally convicted of criminal offences. / AFP PHOTO / POOL / Jung Yeon-je

SEOUL, South Korea (AFP) — Former South Korean president Lee Myung-bak was jailed for 15 years for corruption Friday, becoming the latest of the country’s ex-leaders to be sent to prison.

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 13 billion won ($11.5 million) by the Seoul Central District Court.

“Bringing everything into consideration, heavy punishment for the accused is inevitable,” said a judge during the trial that was live televised.

Lee was not in attendance, citing ill-health.

The former South Korean leader was indicted in April on 16 charges that included bribery, embezzlement and abuse of power.

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 around 24 billion won.

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.

© Agence France-Presse