Cape Times

Arrest warrant: Samsung boss Jay Lee faces D-Day

- Se Young Lee and Ju-min Park

SOUTH Korean special prosecutor’s office will decide no later than today whether to request an arrest warrant for Samsung Group chief Jay Y Lee, a suspect in a graft investigat­ion that may topple President Park Geun-hye.

Lee, the third-generation leader of the country’s top conglomera­te, was questioned for more than 15 hours after being summoned by the special prosecutio­n on Monday.

He is accused of pledging payments to a company and organisati­ons backed by Park’s confidant, Choi Soon-sil, to win support for a 2015 merger of two Samsung affiliates.

“There will be a decision on whether to make another arrest warrant request for him between today and tomorrow,” special prosecutor’s office spokesman Lee Kyu-chul told reporters yesterday in a briefing.

The office will decide at the same time on whether to seek arrest warrants for four other Samsung Group executives which had been identified as suspects in its investigat­ion.

A Samsung Group spokespers­on declined to comment.

Park was impeached by the South Korean parliament in December after accusation­s that she colluded with her longtime friend, Choi, to pressure big businesses to donate to two foundation­s set up to back the president’s policy initiative­s.

Both women deny any wrongdoing.

Park, 65, and the daughter of a former military ruler of the

The office will decide at the same time on whether to seek arrest warrants for four other Samsung Group executives.

country, remains in office, but has been stripped of her powers while the Constituti­onal Court decides whether to uphold the impeachmen­t.

If the court rules to uphold the impeachmen­t vote, Park would be South Korea’s first elected leader to be forced from office and a presidenti­al election would have to be held. The special prosecutor has focused on the Samsung Group’s relationsh­ip with Park, accusing Lee in his capacity as Samsung chief of pledging 43 billion won (R496 million) to win support for the 2015 merger of Samsung C&T Corporatio­n and Cheil Industries.

Lee, 48, has denied any wrongdoing.

Last month, a court rejected the prosecutio­n’s first request for an arrest warrant for the Samsung chief.

The office yesterday declined to comment on whether it had any new evidence against him or other Samsung executives.

Proving illicit dealings between Park, or those linked to her, and the Samsung Group is critical for the special prosecutor’s case that ultimately targets Park, analysts have said.

Prosecutio­n spokesman Lee said the office had told parliament that it needed to extend the investigat­ion period.

The office can seek a 30-day extension to its current deadline of February 28.

The office of acting president Hwang Kyo-ahn, who must sign off on any such extension, could not be immediatel­y reached for comment.

 ?? PHOTO: BLOOMBERG ?? Jay Y Lee, co-vice-chairman of Samsung Electronic­s (centre). A special prosecutor in South Korea will make his case today for arresting Lee, Samsung Group’s heir apparent, on suspicion of paying bribes for political favours from the country’s president.
PHOTO: BLOOMBERG Jay Y Lee, co-vice-chairman of Samsung Electronic­s (centre). A special prosecutor in South Korea will make his case today for arresting Lee, Samsung Group’s heir apparent, on suspicion of paying bribes for political favours from the country’s president.

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