Samsung Chief, Jay and Lee, did not declare himself guilty in the case of fusion

Samsung The president of Electronics, Jay and Lee, was declared not guilty of accounting fraud and manipulation of shares by a Seoul Appeals Court on Monday (February 3), in a ruling that could eliminate the legal risks of long data that has faced criminal cases.

The Seoul Superior Court confirmed the ruling of the lower court dismissing all the positions of a case that involves a fusion of 2015 that prosecutors, according to prosecutors, was designed to consolidate their control of the technological giant.

Legal battles have been a distraction for Lee, which faced growing questions about their ability to bring Samsung Electronics, the main memory chip and smartphone manufacturers in the world, since they deal with growing competition and dazzled prices of actions.

“It took a long time. We hope that with the last ruling, the defendants can concentrate on their work, ”said Lee Kim You-Jin lawyer after the ruling.

For almost a decade, Lee has faced legal challenges, including those of the fusion that paved the way for his succession after his father, Lee Kun-Hee, had a heart attack in 2014.

A lower court last year eliminated Lee from all positions related to the fusion of US $ 8 billion of 2015 between two members of Samsung, Samsung C&T and Cheil Industries.

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Later, prosecutors appealed before the Superior Court of Seoul, looking for a five -year prison period, citing a separate ruling in August that said Samsung Biologics, affiliate from Cheil Industries, violated accounting standards by exaggerating his assets to justify The Merger.

Lee did not answer questions from journalists when he left the Court on Monday.

He has denied irregularities, saying in court last November: “I never had the intention of deceiving or damaging investors for personal benefit.”

It was not clear immediately if the Prosecutor’s Office would appeal the decision before the Supreme Court.

Samsung’s actions changed shortly after the news of the decision, quoting 2.7% in the afternoon negotiation. Reuters