South Korean prosecutors sought a five-year prison sentence and a 500 million KRW fine, equivalent to $375,000, for Samsung Electronics chief Jay Y. Lee

SEOUL (Reuters) - South Korean prosecutors requested on Monday a five-year jail term for Samsung Electronics Chairman Jay Y. Lee over actions in a controversial merger of Samsung affiliates that helped solidify his control in a case being tried at an appeals court.

South Korean prosecutors have requested a five-year prison sentence for Samsung Electronics Chairman Jay Y. Lee. The case, tried at an appeals court, revisits allegations surrounding a controversial merger of Samsung affiliates that prosecutors argue bolstered Lee’s control over the conglomerate at the expense of minority shareholders.

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