Former S.Korean president released on bail

Former S.Korean president released on bail

South Korea's former president Lee Myung-bak has been released on bail after nearly a year in detention, as he appeals corruption convictions.

The Seoul High Court approved Lee's request for release on Wednesday after he posted about 890 thousand dollars bail.

Lee returned to his home in Seoul. He's been ordered to stay in his house and can only meet with his lawyers and family members.

Lee was found guilty of bribery and embezzlement among other charges last October. He was sentenced to 15 years in prison and fined about 11 million dollars.

The charges in part stem from his pardoning of the Chairman of Samsung Electronics in 2009. The court found Lee took the measure in return for Samsung paying legal expenses for an auto parts firm he allegedly owns. Lee is also facing other charges, including receiving money from the country's intelligence agency.

Lee served as South Korea's president for five years until 2013. His lawyers had requested his release, citing his deteriorating health.