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Samsung heir Jay Lee arrested following bribery allegations

The Next Web Friday, 17 February 2017
Samsung heir Jay Lee arrested following bribery allegationsJae Y. Lee, vice chairman of the Samsung Group, is in police custody today following a lengthy corruption investigation. He’s currently awaiting trial at a detention center in Seoul. Prosecutors accused Lee of having monetary ties to Park Geun-hye, President of South Korea. As we reported in January, Lee is believed to have paid Choi Soon-sil, a confidant of Park’s, $36 million in exchange for government support of his succession. Prosecutors originally called for a warrant at the time, but the court rejected it based on a lack of evidence. Bloomberg reports that Samsung and Lee have denied the allegations, though Lee admitted…

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News video: Samsung’s boss questioned again over influence-peddling

Samsung’s boss questioned again over influence-peddling 01:05

Samsung’s chief Jay Y. Lee has been released after being interviewed for a second time by special prosecutors. He was questioned for 15 hours. Lee has been classified as a suspect in the probe into an influence-peddling scandal involving the South Korea’s president, Park Geun-hye. The head of...

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