South Korean ex-president Lee granted bail in bribery case | Inquirer News

South Korean ex-president Lee granted bail in bribery case

03:08 PM March 06, 2019

South Korean ex-president Lee granted bail in bribery case

In this May 23, 2018 file photo, former South Korean President Lee Myung-bak (center) appears for his first trial at the Seoul Central District Court in Seoul, South Korea. AP

SEOUL, South Korea — A South Korean court on Wednesday approved the release of former President Lee Myung-bak on 1 billion won ($885,000) bail during his ongoing corruption trial.

An official from the Seoul High Court said Wednesday that Lee was permitted to return home after he accepted strict monitoring conditions that resemble a house arrest, including a ban on meeting or communicating with people beyond direct family members and lawyers. The official didn’t want to be named, citing office rules.

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Lee’s lawyers had called for his release, citing his age and what they described as deteriorating health.

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Lee, 77, was arrested nearly a year ago and is on trial over allegations of bribery, embezzlement and tax evasion. He denied the accusations against him when he testified earlier in the trial.

Prosecutors are seeking a 15-year prison term if he is convicted.

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Lee’s conservative successor, Park Geun-hye, is also serving a lengthy prison term over a separate corruption scandal for which she was removed from office in 2017 following months of huge anti-government rallies.

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Prosecutors said most of Lee’s alleged crimes took place while he was president from 2008 to 2013 or when he was a candidate before winning the 2007 election.

The charges against Lee include taking about $10 million in bribes from business group Samsung, the country’s spy agency and others. Prosecutors also say Lee embezzled about $30 million in funds from an auto parts company he owned and evaded about $280,000 in corporate taxes. /ee

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TAGS: bail, Lee Myung Bak, South korea

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