[Alpha Biz=(Chicago) Reporter Kim Jisun] Samsung Electronics Chairman Lee Jae-yong's first trial of the "unfair merger between Samsung C&T and Cheil Industries," which has lasted more than three years, will be handed down this week

According to legal circles on the 22nd, the Seoul Central District Court's Criminal Agreement Department 25-2 (Chief Judge Park Jung-je, Ji Gwi-yeon and Park Jung-gil) will hold a hearing on Lee's alleged violation of the Capital Market Act on the 26th.

It has been about three years and four months since Chairman Lee was indicted in September 2020, along with Choi Ji-sung, former head of Samsung Group's Future Strategy Office, Kim Jong-joong, former head of the Future Strategy Office, and Jang Choong-ki, former deputy head of the Future Strategy Office. Chairman Lee is suspected of deliberately pushing for a merger between Samsung C&T and Cheil Industries in 2015 with the aim of inheriting management rights and committing accounting fraud and fraudulent transactions in the process.

 

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