Samsung boss denies wrongdoing as South Korea prosecutors seek jail term over 2015 merger

Samsung Electronics Vice Chairman Jay Y. Lee arrives at a court in Seoul, South Korea, October 26, 2021. REUTERS/Kim Hong-Ji/File Photo

SEOUL (Reuters) -Samsung Electronics chairman Jay Y. Lee denied wrongdoing on Friday after South Korean prosecutors called for him to be jailed for five years on charges of accounting fraud and stock price manipulation involving an $8 billion merger of Samsung affiliates in 2015.

The hearing is the final lower court session before a ruling, scheduled for January 26, ending a trial that has lasted three years.