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South Korean Prosecutors Seek to Arrest Samsung Head for Bribery

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Samsung Group Leader Is Named a Suspect in South Korean Bribery Inquiry

Samsung Group Leader Is Named a Suspect in South Korean Bribery Inquiry

– PhotoSEOUL, South Korea — A special prosecutor investigating the corruption scandal that led to President Park Geun-hye’s impeachment summoned the de facto head of Samsung for questioning on Wednesday, calling him a bribery suspect.The de facto leader, Jay Y. Lee, the vice chairman of Samsung, will be questioned on Thursday, according to the special prosecutor’s office, which recommended that he also be investigated on suspicion of perjury.Mr. Lee effectively runs Samsung, South Korea’s largest conglomerate; he is the son of its chairman, Lee Kun-hee, who has been incapacitated with health problems.
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Arrest Warrant Sought For Samsung Heir In S. Korean Presidential Bribery Scandal : The Two-Way : NPR

Arrest Warrant Sought For Samsung Heir In S. Korean Presidential Bribery Scandal : The Two-Way : NPR

– Arrest Warrant Sought For Samsung Heir In S. Korean Presidential Bribery ScandalEnlarge this image toggle caption Chung Sung-Jun/Getty Images Chung Sung-Jun/Getty ImagesProsecutors in South Korea have requested an arrest warrant for the de facto head of the nation’s biggest conglomerate, Samsung, on charges of bribery and embezzlement in connection with a swirling scandal that led to the president’s impeachment.Investigators say Jay Y. Lee, the vice chairman of Samsung Electronics and the scion of the one of the largest companies in the world, helped improperly direct company money to the confidant of President Park Geun-hye in order to curry favor with the government.That confidant is now at the center of a criminal investigation and ongoing political scandal, and the president is awaiting a trial by a constitutional court on whether a resounding impeachment vote in parliament will result in her official removal.
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South Korean Prosecutors Seek to Arrest Samsung Head for Bribery

South Korean Prosecutors Seek to Arrest Samsung Head for Bribery

– South Korean prosecutors on Monday sought an arrest warrant for Jay Y. Lee, the head of Samsung Group, in a massive bribery scandal that goes all the way up to the president’s office.Lee was interrogated last week for 22 hours in a row over accusations he paid multi-million dollar bribes to a friend of President Park Geun-hye in order to secure business deals.Lee, who took over control of the company in 2014, also faces accusations of embezzlement and perjury, Reuters reported, citing copies of prosecutors’ documents.
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