Search

Ex-South Korean president gets 15 years in jail for corruption

04:15 PM | 5 Oct, 2018
Ex-South Korean president gets 15 years in jail for corruption
SEOUL - A South Korean court sent former president Lee Myung-bak to jail for 15 years for corruption on Friday.

The 76-year-old CEO-turned-president, Lee, was the fourth former head of state to be sent to prison.

Lee, who served from 2008 to 2013, was found guilty on charges including bribery and embezzlement and ordered to pay a fine of 13 billion won ($11.5 million) by the Seoul Central District Court.

During the televised trial, the Court ruled that Lee is the de facto owner of his brother's company, DAS, which is at the centre of the corruption investigation.

https://en.dailypakistan.com.pk/world/former-south-korean-president-park-geun-jailed-for-24-years-over-corrupt-practices/

"Bringing everything into consideration, heavy punishment for the accused is inevitable," said a judge during the trial.

The former South Korean leader was indicted in April on 16 charges that included bribery, embezzlement and abuse of power.

https://en.dailypakistan.com.pk/world/ex-south-korean-president-detained/

Lee was also found guilty of accepting nearly six billion won from Samsung Electronics in return for a presidential pardon for its chairman Lee Kun-hee, who was jailed for tax evasion.

Ex-president Lee has denied any wrongdoing, saying the investigation that led to the trial was politically motivated “revenge” by current President Moon Jae-in, who came to office vowing to clean house after the Park scandal and who has previously criticized Lee over an investigation into another former president, Roh Moo-hyun.

Advertisement

Today Open Market Currency Rates - Pak Rupee to US Dollar, Euro, Pound, Riyal - 23 June 2024

Pakistani rupee rates against US Dollar and other currencies on June 23, 2024 (Saturday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.7 for buying and 280.85 for selling.

Euro's buying rate stands at 294.3 and selling rate is 297.9 while British Pound rate is 352 for buying, and 355.5 for selling.

UAE Dirham AED was at 75 and Saudi Riyal at 72.85.

Currency Rates in Pakistan

Currency Symbol Buying Selling
US Dollar USD 277.7 280.85
Euro EUR 294.3 297.9
UK Pound Sterling GBP 352 355.5
U.A.E Dirham AED 75 75.8
Saudi Riyal SAR 72.85 73.6
Australian Dollar AUD 182.2 184
Bahrain Dinar BHD 740.98 748.98
Canadian Dollar CAD 202 204
China Yuan CNY 38.4 38.8
Danish Krone DKK 40.15 40.55
Hong Kong Dollar HKD 35.68 36.03
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.9 1.98
Kuwaiti Dinar KWD 908.7 917.7
Malaysian Ringgit MYR 59.07 59.67
New Zealand Dollar NZD 170.98 172.98
Norwegians Krone NOK 26.38 26.68
Omani Riyal OMR 723.75 731.75
Qatari Riyal QAR 76.53 77.23
Singapore Dollar SGD 202 204
Swedish Korona SEK 26.68 26.98
Swiss Franc CHF 315.21 317.71
Thai Bhat THB 7.59 7.74

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter