Former South Korean President Park Geun-hye, has been found guilty of abuse of power and bribery and jailed for 24 years, with a fine of 18 billion won (17 million U.S. dollars) for corruption.
The Seoul Central District Court found Park guilty of bribery over a scandal that exposed webs of corruption between political leaders and the country’s conglomerates.
Park, faced a total of 18 charges. The court ruled that Park colluded with her old friend, Choi Soon-sil, to receive tens of billions of won from major conglomerates such as Samsung and Lotte to help Choi’s family and fund non-profit foundations owned by her.
Park, has denied wrongdoing and absent in court.
Prosecutors initially sought a 30-year sentence and a 118.5 billion won ($112 million), after indicting her on charges that included bribery, abuse of power and coercion.