[Breaking] Lee Jaeyong Acquitted by Supreme Court of Merger and Accounting Fraud Charges

Samsung Electronics Chairman Lee Jae-yong, who met with Chinese President Xi Jinping, is returning to Korea through the Gimpo Airport Business Aviation Center in Gangseo-gu, Seoul on March 28, 2025. Photo by Kang Jinhyung

Samsung Electronics Chairman Lee Jaeyong, who was on trial for charges related to merger and accounting fraud, has been acquitted of all charges.

The Supreme Court's Third Division, presided over by Justice Oh Seokjun, on July 17 upheld the lower court's ruling that found Chairman Lee not guilty of all charges, including unfair trading and market manipulation under the Capital Markets Act, as well as breach of trust in the course of business.