HomeNewsWorldSouth Korea ex-president Lee Myung-bak jailed for 15 years over corruption

South Korea ex-president Lee Myung-bak jailed for 15 years over corruption

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.

October 05, 2018 / 12:43 IST
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Former South Korean President Lee Myung-Bak appears for his first trial at the Seoul Central District Court on May 23, 2018 in Seoul, South Korea. Chung Sung-Jun/Pool via Reuters *** Local Caption *** Lee Myung-Bak - RC1F15BD3410
Former South Korean President Lee Myung-Bak appears for his first trial at the Seoul Central District Court on May 23, 2018 in Seoul, South Korea. Chung Sung-Jun/Pool via Reuters *** Local Caption *** Lee Myung-Bak - RC1F15BD3410

Former South Korean president Lee Myung-bak was jailed for 15 years for corruption on 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.

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"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.