Samsung Exec Denies All Charges
Jay Y. Lee, the chief of Samsung, pled not guilty in court today. Lee is charged with bribery and embezzlement in a case that has also ensnared South Korea President Park Geun-hye. Lee's lawyers claim the prosecution's case is built on conversations and other evidence that was not witnessed first hand. "It is unclear what kind of order Lee Jae-yong is supposed to have given" regarding the bribes, said Lee's lawyer, Song Wu-cheol. Samsung itself and other executives caught up in the case also denied any wrongdoing. The office for the special prosecutor believes Lee arranged for about $36 million in bribes to be paid to the office of President Park to facilitate certain low-level mergers. Park herself was impeached in December and has no governmental powers pending a review of the case by Korea's Constitutional Court. The prosecutors believe the case against Lee, which they are calling the "trial of the century," will be wrapped up by the end of May.
Samsung Executive to Be Charged with Bribery
The special prosecutor's office in South Korea today said it will charge Samsung Executive Jay Y. Lee in a bribery case that has shaken the country.
Samsung Exec's Bribery Trial to Start Next Week
Samsung said executive Jay Y. Lee, arrested last month on embezzlement and bribery charges, is scheduled to go on trial as soon as March 9.
S. Korean Authorities to Arrest Samsung Heir On Bribery Charges
Prosecutors in South Korea plan to arrest Lee Jae-yong, the heir to Samsung's massive array of businesses. The special prosecutor's office is recommending Lee be charged with bribery, embezzlement and perjury, though the warrant must be approved by a Korean court before it can be served.
Korea Prosecutors Take Second Stab at Samsung Exec
South Korea's special prosecutor's office is taking another run at arresting and charging Samsung executive Jay Y. Lee.