The South Korean court has finally acquitted the head of Samsung in a fraud case

According to glavcom.ua: The Supreme Court of South Korea ruled that the head of Samsung Electronics, Lee Jae-Yong, is not guilty in the case of accounting fraud and stock manipulation. The court's decision confirmed the appellate court's decision to dismiss all charges in the case of the merger of two Samsung subsidiaries.

Samsung representatives expressed joy over this decision and emphasized the legality of the companies' merger. The court's decision was made amid growing global competition in high-tech industries and economic pressure.

Experts believe that Lee should now strengthen control over the company and return Samsung to leading positions in key industries. It is worth noting that earlier the High Court of Seoul also acquitted Lee in the fraud and stock manipulation case.

The news of the acquittal of the head of Samsung in the accounting fraud case has become an important event not only for the company but for the entire high-tech sector of South Korea.