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Thursday, 16 February 2017

Samsung chief Lee arrested in corruption investigation

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Samsung Group chief Jay Y. Lee was arrested on Friday, a South Korean court said, over his alleged role in a corruption scandal that led parliament to impeach President Park Geun-hye.
The Seoul Central District Court also rejected a request to issue an arrest warrant for Samsung Electronics Co Ltd President Park Sang-jin, who also heads the Korea Equestrian Federation.
The 48-year-old Lee, Samsung's vice chairman, was taken into custody at the Seoul Detention Center, where he had awaited the court's decision following a day-long closed-door hearing that ended on Thursday evening.

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