South Korea has detained the chairman of the world's third largest pension fund. The country has fined Qualcomm $850 million for unfair sales practices.
A South Korean judge has found the former President Park Geun-hye guilty of abuse of power, as well as the crime of coercion. She has been sentenced to 24 years in prison.
Prosecutors have accused the former president of taking bribes from business groups and his own intelligence agency. In one instance, Samsung Group allegedly bought a presidential pardon for a business leader.
Millions of South Koreans protested for Park Geun-hye's removal from office in response to corruption allegations in late 2016. The country's highest court removed her in March 2017.
The verdict against Choi Soon-sil sets the stage for a longer jail term for Park, who is facing similar charges in a separate trial. The court also ordered immediate arrest of Lotte group boss Shin Dong-bin.
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