Khaleej Times

Samsung chief back at prosecutor­s

- Hooyeon Kim

SEOUL — Samsung Group’s Jay Y. Lee was taken back to a special prosecutor’s office for a second day following another night in police custody as part of a corruption probe that has widened to include South Korea’s largest industrial conglomera­te.

Lee, vice-chairman of Samsung Electronic­s, was shown on a YTN television broadcast being led into the office in Seoul around 9:50am local time. Lee was inside the office for about eight hours the day before. On Friday, the Seoul Central District Court arrested Lee on a warrant including allegation­s of bribery, perjury, embezzleme­nt, hiding assets abroad and concealing illegal profits.

Lee has been the acting head of Samsung while his father, Samsung Electronic­s chairman Lee Kun Hee, has been hospitalis­ed since 2014. The probe could eventually interfere with the son’s ability to take full control of the group after his father formally steps down.

As head of a conglomera­te that is the world’s largest maker of smartphone­s, Lee is the highestpro­file business figure yet accused in an influence-peddling scandal that has already seen President Park Geun-hye impeached. Prosecutor­s have cited evidence that Samsung paid bribes to a confidante of the president to ensure government support for a 2015 merger of affiliates that tightened Lee’s grip on the chaebol, as Korea’s dominant business groups are called.

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