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Samsung leader sentenced to 5 years in prison

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Jay Y. Lee, the heir to South Korea's Samsung Group, was sentenced to five years in prison for bribery.

A Seoul court found Lee guilty of paying bribes for favors from former President Park Geun-hye. He also was found guilty of hiding assets abroad, embezzlement and perjury.

Song Wu-cheol, one of Lee's lawyers, said they plan to appeal the court ruling.

"The entire verdict is unacceptable," Song said.

Read more from Reuters.

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