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Samsung leader named a suspect in South Korea political probe

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Samsung leader named a suspect in South Korea political probe

Samsung leader named a suspect in South Korea political probe

– SEOUL A South Korean special prosecutor’s office will question Samsung Group [SAGR.UL] leader Jay Y. Lee as a suspect in a widening influence-peddling scandal that may force President Park Geun-hye from office.Prosecutors have been looking into whether Samsung payments of about 30 billion won ($25 million) for a business and foundations backed by Park’s friend, Choi Soon-sil, were connected to a 2015 decision by the national pension fund to back a controversial merger of two group affiliates.Park could become South Korea’s first democratically elected leader to leave office early after parliament voted in December to impeach her over the corruption scandal, which has triggered big weekly rallies calling for her to step down.
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Samsung leader quizzed for over 22 hours in South Korea corruption scandal

Samsung leader quizzed for over 22 hours in South Korea corruption scandal

– Jay Y. Lee, center, vice chairman of Samsung Electronics, arrives to be questioned as a suspect in bribery case in the influence-peddling scandal that led to the president’s impeachment at the office of the independent counsel in Seoul, South Korea, Thursday, Jan. 12, 2017.REUTERS/Ahn Young-joon/PoolBy Se Young Lee and Ju-min ParkSEOUL (Reuters) – Samsung Group leader Jay Y. Lee left the South Korean special prosecutor’s office early on Friday after more than 22 hours of questioning on bribery suspicions in an influence-peddling scandal that could topple President Park Geun-hye.Lee left the special prosecution office without answering reporters’ questions and headed to a waiting car.
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South Korea investigators mull arrest warrant for Samsung leader: Yonhap

South Korea investigators mull arrest warrant for Samsung leader: Yonhap

– SEOUL (Reuters) – South Korean special prosecutor’s office is considering whether to seek an arrest warrant for Samsung Group leader Jay Y. Lee amid a probe into an influence-peddling scandal involving President Park Geun-hye, Yonhap News Agency reported on Friday.The special prosecution has been investigating whether Samsung provided 30 billion won ($25.28 million) to a business and foundations backed by Park’s friend in exchange for the national pension fund’s support for a 2015 merger of two Samsung affiliate.Lee was named a suspect on Wednesday and summoned early Thursday morning for questioning.
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South Korea prosecutor to decide on seeking arrest of Samsung head Jay Y Lee by Sunday

South Korea prosecutor to decide on seeking arrest of Samsung head Jay Y Lee by Sunday

– Samsung Electronics vice chairman Jay Y Lee is surrounded by media as he leaves the office of the independent counsel in Seoul, South Korea, January 13, 2017.(Kim Do-hoon/Yonhap via REUTERS) Samsung Electronics vice chairman Jay Y Lee is surrounded by media as he leaves the office of the independent counsel in Seoul, South Korea, January 13, 2017.(Kim Do-hoon/Yonhap via REUTERS)The South Korean special prosecutor will decide whether to seek an arrest warrant for Samsung Group leader Jay Y Lee within two days, a spokesman for the investigation team said on Friday.
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