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South Korea Prosecutors Seek Arrest of Samsung Chief Jay Y Lee For Bribery (cnbc.com)

South Korea's special prosecutors' office said it will seek a warrant to arrest the head of Samsung Group, the country's biggest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye. From a report: Samsung Group chief Jay Y. Lee was questioned for 22 straight hours last week as investigators probed a corruption scandal that resulted in parliament impeaching Park last month. The special prosecutors' office accused Lee of paying bribes totaling 43 billion won ($36.42 million) to Choi Soon-sil, a friend of the president who is at the center of scandal. Lee, who became the de facto head of the Samsung Group after his father, Lee Kun-hee, suffered a heart attack in 2014, was also accused of embezzlement and perjury in the prosecution's application for an arrest warrant.

2 of 38 comments (clear)

  1. Haven't these people learned? by Anonymous Coward · · Score: 3, Insightful

    Samsung should have just hired him to give some speeches, nothing illegal about that!

  2. Re:And not the first by allcoolnameswheretak · · Score: 3, Insightful

    Well, it's a great testament to South Korean democracy and rule of law that the head of the company who controls practically a fifth of South Korea's GDP and the head of state can be brought to justice.