Wrapping up a five-year divorce suit, South Korea’s top court ordered Monday Hotel Shilla CEO Lee Boo-jin to pay $12 million to her ex-husband.
The Supreme Court upheld a lower court’s verdict that the oldest daughter of Samsung Group Chairman Lee Kun-hee should pay the amount of alimony to Im Woo-jae, a former Samsung unit advisor.
Lee will have sole custody of their only son, who was born in 2007, while Im will be allowed to meet the 12-year-old twice a month.
The marriage between a wealthy Samsung heiress and a rank-and-file employee of the country’s largest conglomerate attracted huge attention.
But Lee sought a divorce in 2014, which prompted Im to request $1 billion in a split of the billionaire businesswoman’s asset.
Midway through 2017, the Seoul Family Court ordered the former to pay $7.3 million to the latter, who was also permitted to visit his son only once a month.
Last year, the Seoul Court increased the amount to $12 million and doubled the number of monthly meetings, which was confirmed by the Supreme Court.
As the country’s foremost business empire, Samsung has such iconic subsidiaries as Samsung Electronics, the world’s largest producer of memory chips and smartphones.
Lee is a younger sister of Samsung Electronics Vice Chairman Lee Jae-yong, the de-facto leader of Samsung Group.
This article is provided by UPI News Korea. _ ED.