Samsung heir Lee Jae-yong fined for drug use
Samsung heir Lee Jae-yong was fined 70 million won ($ 60,000) on Tuesday for illegally using the anesthetic propofol 41 times between 2015 and 2020.
The Seoul Central District Court also ordered an additional forfeiture of 17 million won ($ 14,600) as it convicted Lee, whose worth is estimated at $ 10.2 billion, for violations of the Control Act. narcotics.
Propofol, a sedative, is widely used in common medical procedures, including endoscopies and colonoscopies, as well as laser procedures in skin care clinics. Prosecutors accused Lee of taking propofol for non-medical purposes, but his attorneys said he took the drug as prescribed by a doctor.
Propofol is known to induce mild euphoria, but is not considered addicting. If a patient falls asleep under propofol anesthesia, they will not experience its effects on mood.
Koreans have started to hear more about this substance in recent years, as it has been abused by K-pop stars claiming they need it for sleep due to their panic disorder. Propofol was also implicated in the 2009 death of American pop star Michael Jackson.
Lee, who is the de facto leader of Samsung, is now on parole after being convicted of bribery, embezzlement and concealment of proceeds of crime worth around 8.6 billion won (7 , $ 8 million). The Blue House has granted Lee a special pardon after growing calls from the public for Samsung to play a role in tackling a shortage of semiconductors and vaccines.
As Korea’s largest conglomerate, Samsung has a deep connection to the country’s society. Samsung Electronics accounts for 20% of the country’s stock market value and a quarter of its total exports, according to the Associated Press.
Lee’s many court visits are unlikely to end anytime soon. He is also on trial in Seoul Central District for allegedly breaking the Capital Market Financial Investment Law in connection with Samsung C&T’s merger with Cheil Industries.
Releasing Lee on Tuesday, the judge told him, “Show your children an exemplary role they will not be ashamed of.”
Upon his release from prison, the executive told the media: “I listen to the concerns, criticisms, concerns and high expectations for me. I will work hard.
After pleading guilty, Lee said he regretted his actions and added, “I’ll take this opportunity to look back and make sure this doesn’t happen again.”