Samsung Chief Waives Right to Appeal Jail Sentence

Samsung chief Lee Jae-yong failed to appeal his two-and-a-half-year jail sentence for bribing ex-President Park Geun-hye by the deadline Monday.

Prosecutors did not appeal either.

"Lee has humbly accepted the court's judgment and decided not to appeal," his lawyer said.

It seems Lee concluded any appeal would be pointless since the Supreme Court already back the case to the Seoul High Court in August 2019.

In a press release, prosecutors said they respects the Seoul High Court's judgment on Jan. 18, saying their "goal of finding the truth in the corruption and bribery scandal [that brought down Park Geun-hye] has been achieved."

Since Lee already served about a year on remand, he has to stay in jail until July 2022 unless he is released early.