Samsung boss feels more heat
AFTER 22 hours of questioning over suspicions including bribery, Samsung Group head Lee Jae-yong may be feeling as hot as his exploding Galaxy Note7 phones.
South Korea’s special prosecutors office said yesterday that it would decide “soon” whether to arrest him.
Lee Kyu-chul from the special prosecutors office investigating the influencepeddling scandal that has engulfed now-suspended President Park Geun-hye, and multiple powerful South Koreans, said Mr Lee would not be called for further questioning.
He said Lee Jae-yong had denied involvement in some of the suspicions against him but had admitted others.
One suspicion is that Samsung may have provided $30 million to a business and foundations backed by
Ms Park’s friend in exchange for the national pension fund’s support for a 2015 merger of two Samsung affiliates.
Lee Jae-yong is the third-generation leader of the country’s largest conglomerate.
He was named a suspect on Wednesday and brought in for questioning on Thursday.