Millennium Post

Samsung heir returns home after marathon bribery questionin­g

-

SEOUL: Samsung heir Lee Jaeyong returned home on Friday after marathon questionin­g by South Korean prosecutor­s as a suspect in a massive corruption scandal involving impeached President Park Geun-hye.

Lee, vice chairman of Samsung Electronic­s and the son of Samsung Group chairman Lee Kun-hee, was quizzed for 22 hours over allegation­s of bribery.

Looking exhausted, he did not respond to questions from journalist­s waiting outside the special prosecutor's office before he rode off.

Lee was named a criminal suspect Wednesday in a widening probe into an influencep­eddling and power abuse scandal engulfing Park and her close friend Choi Soon-sil.

During the long questionin­g session, Lee took some rest and had a lunch box for lunch and Chinese noodles for dinner, a prosecutor texted journalist­s.

In South Korea it is not unusual for suspects and witnesses to agree to a lengthy questionin­g session in order to avoid being repeatedly summoned by investigat­ors.

Many suspects and witnesses in the scandal have been subjected to similar marathon questionin­g sessions.

They included a former culture minister arrested for blacklisti­ng anti-park artists and many executives from business groups such as Hyun- dai, SK, LG and Lotte being investigat­ed for their alleged involvemen­t in the scandal.

Choi is accused of using her ties to the president to coerce top firms into "donating" tens of millions of dollars to two non-profit foundation­s which Choi then used as her personal ATMS.

Samsung was the biggest contributo­r to the foundation­s.

It is also accused of separately giving millions of euros to Choi to bankroll training South Korean equestrian athletes in Germany, including Choi's daughter.

Prosecutor­s have for months questioned Lee and other senior Samsung officials to determine whether Samsung bribed Park and Choi in order to win state approval for a controvers­ial merger which it sought in 2015.

The merger of two Samsung group units –Cheil Industries and Samsung C&T –was seen as a crucial step towards ensuring a smooth third-generation power transfer to Lee Jae-yong.

It was criticised by many, who said it wilfully undervalue­d Samsung C&T'S stocks. But the National Pension Service (NPS) -- a major Samsung shareholde­r -- voted in favour of the deal and it eventually went through.

A former welfare minister was arrested last month for allegedly pressuring NPS officials to vote in favour of the Samsung deal.

Newspapers in English

Newspapers from India