Home  ›  News  ›

Korea Won't Arrest Samsung Scion

Article Comments  

Jan 18, 2017, 3:35 PM   by Eric M. Zeman   @phonescooper

A court in South Korea today rejected a request to arrest Samsung executive Lee Jae-yong. Prosecutors in a government bribery case wanted Lee held on counts of bribery, embezzlement, and perjury. The Seoul Central District Court didn't provide a reason for rejecting the prosecutor's request. The investigation pertains to a possible $36 million bribe Lee is alleged to have paid Korea President Park Geun-hye in order to facilitate the merger of several Samsung business units. Lee is being groomed to take over the family-run company at some point down the road. His arrest would have put the succession plan in jeopardy.

more info at Reuters »

more news about:




This forum is closed.

This forum is closed.

No messages

Page  1  of 1

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Subscribe to Phone Scoop on YouTube Follow on Instagram


All content Copyright 2001-2018 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.