23 March 2018

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01/19/2017 SOUTH KOREA

Samsung: Court rejects arrest warrant for deputy chief Lee Jae-yong

He was accused of corruption, embezzlement and perjury and involved in the scandal that has engulfed the President Park. According to the judges the reasons are not sufficient to approve the request for provisional arrest.


Seoul (AsiaNews / Agencies) - A court has rejected the request for the arrest of the deputy head of Samsung Group Lee Jae-yong. According to the judges the allegations of bribery, embezzlement and perjury are not supported by sufficient evidence.

According to the prosecution, Lee is involved in the scandal that has engulfed President Park Geun-hye for donating to Choi Soon-sil –  an influential friend of hers - about 36.3 million US dollars in exchange for favors to support the corporate merger of two subsidiary groups of Samsung. The company acknowledges having made donations to two foundations related to Choi, but rejects the accusation of having done so in exchange for favors.

Samsung Electronics is a high profile company in South Korea and its sales correspond to one fifth of the country's GDP. After the death of his father Kun-hae in 2014, Lee Jae-yong took over the company becoming the de facto leader of the entire Samsung Group.

See also

16/01/2017 13:48:00 SOUTH KOREA
Samsung’s vice chairman Lee Jae-yong arrested in connection with President Park’s scandal

He is accused of paying bribes to Choi Soon-sil worth more than US$ 36 million US. Prosecutors allege that the group also financed a Choi-owned sports company to the tune of US$ 18.3 million.

31/03/2017 10:06:00 SOUTH KOREA
Former President Park arrested for corruption

The decision by the Seoul Court after nine hours of hearing. Park is accused of corruption, abuse of authority and revelation of state secrets. She denies any wrongdoing. She is the third president to be imprisoned and risks a sentence of 10 years.

06/02/2018 09:35:00 SOUTH KOREA
After 353 days in prison, the appeals court releases Samsung's heir

Acquitted of several charges. According to the judge, he was passively involved in the patronage for favours scandal. The "main perpetrator" is former President Park, who abused her power.

17/02/2017 11:08:00 SOUTH KOREA
Samsung Boss arrested over links to President Park scandal

In January, he had escaped arrest for lack of evidence. Samsung has donated the most money ($ 70 million) to the Choi Soon-sil foundations, the friend who has dragged Park to impeachment. Candidates in new presidential elections react.


23/06/2017 10:36:00 SOUTH KOREA
Choi Soon-sil condemned for favouring daughter. She was a friend of Park in the corruption scandal

Three years in prison for asking college favors for her daughter. This is the first conviction for Choi, the confidant and friend of the former president. Now she will still have to answer allegations of corruption and undue influences in the huge scandal involving Samsung's management.


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