The court upheld the ruling of first instance that Samsung offered equestrian training to Cui shun-shih's woman as a form of bribery, but the allegations concerning the departure of assets such as the Korea Winter Sports Center of Excellence, actually controlled by former President Pak Geun-hyun Cui Shun-shu, were illegally denied.
In August last year, the Central District Court of Seoul ruled in his first instance that Li Zhaorong and prosecutors were dissatisfied with Li's allegation of bribery, misappropriation of public funds, illegal transfer of assets, concealment of criminal proceeds and perjury, all of which were convicted .
In the second instance, the special prosecutor's team demanded Li Juelong sentenced him to 12 years' imprisonment and sought to impose a term of imprisonment of seven to 10 years on each of the other four Samsung executives. In addition, the special prosecutor's department filed a lawsuit to recover the defendants transferred to overseas 7.89 billion won (45.63 million yuan) assets.
Last October 31, Samsung Electronics announced the matter of the leadership reorganization, will maintain the current three-member co-CEO management structure, of which Samsung Semiconductor Kim Jin-nam, Samsung Electronics CEO and Vice Chairman of the right to replace the right-hyun, Samsung Display Division Executive Vice President Jin Xuan Stone replaced Yin Fugen, succeeded as head of consumer electronics department and president; has been responsible for overseeing Samsung's flagship smartphone R & D of the high Dongzhen Shen Zongjun take over the job as president of IT and mobile communications business unit.In addition, Samsung For the first time, electronics will separate CEO and board chair roles.