Soth Korea's ex-leader Lee Myung Bak gets 15 years in prison over graft

Former South Korean President Lee Myung Bak was sentenced to 15 years in prison and fined 13.0 billion won ($11.5 million) on Friday for receiving bribes while in office.The Seoul Central District Court said in the ruling that Lee received over 8 billion won in bribes, including from Samsung Electronics Co., while embezzling about 24.6 billion won from an automobile parts company he secretly owned.Prosecutors had demanded that the 76-year-old former leader be given 20 years in prison, a 15.0 billion won fine and forfeiture of 11.1 billion won.Lee, who was in office from 2008 to 2013, was in…READ FULL ARTICLE