South Korean ex-president sentenced to 17 years in prison on corruption charges

The Supreme Court of South Korea has confirmed the sentence against former President Lee Myung-bak, who was found guilty of corruption. He will spend 17 years in prison and pay a heavy fine.

– There was no legal fallacy in the appellate court’s ruling on bribery and embezzlement, – the Supreme Court said in a statement.

The former politician was found guilty of accepting bribes and embezzling company funds.

In addition to imprisonment, the court ordered Lee Myung-bak to pay $ 11.5 million fine. Moreover, he will pay additional fees of $ 5 million.

The court also overturned its bail order that had kept him under house arrest since February 2018.

Lee Myung-bak will return to prison within three to four days.