Arrest warrant looms for Samsung head
SEOUL: South Korea’s special prosecutor is seeking a warrant to arrest the head of Samsung Group, the country’s largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye.
Investigators had grilled Samsung Group chief Jay Y Lee for 22 hours last week as a suspect in a corruption scandal, which last month led to parliament impeaching Park.
The special prosecutor’s office accused Lee of paying bribes totalling 43 billion won (R497million) to organisations linked to Choi Soonsil, a friend of the president at the centre of the scandal, to cement his control of the family business. Lee, 48, who became head of Samsung after his father, Lee Kun-hee, had a heart attack in 2014, also faces embezzlement and perjury charges. – Reuters