samsung scion summoned again over corruption scandal
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

With a corruption scandal that led to the impeachment

Samsung scion summoned again over corruption scandal

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Samsung scion summoned again over corruption scandal

Lee Jae-yong , vice chairman of Samsung Electronics
Seoul - ArabToday

Prosecutors summoned the scion of South Korean giant Samsung again on Monday in connection with a corruption scandal that led to the impeachment of President Park Geun-Hye.

Lee Jae-Yong, Samsung Electronics vice chairman and the son of the Samsung group chairman Lee Kun-Hee, has been quizzed multiple times over his role in the scandal that has rocked the nation. 

The de-facto leader of Samsung narrowly avoided being formally arrested last month when prosecutors accused him of bribing Park's confidante to the tune of nearly $40 million. 

A Seoul court rejected the arrest warrant on grounds of insufficient evidence. 

But the prosecutors probing the scandal said Sunday that they would question Lee again after discovering additional evidence in recent weeks. 

"I will earnestly tell the truth to the prosecutors today," a grave-looking Lee told reporters Monday morning before meeting with prosecutors. 

TV footage showed the 48-year-old walking into the prosecutors' office while protestors chanted "Throw Lee Jae-Yong into jail!" and waved banners saying "Arrest Lee Jae-Yong!" 

The prosecutors said earlier they would decide whether or not to seek Lee's arrest based on the outcome of Monday's questioning. 

The scandal centres on Park's confidante, Choi Soon-Sil, who is accused of using her ties to the president to force local firms to "donate" nearly $70 million to two non-profit foundations which Choi allegedly used for personal gain. 

Samsung was the single biggest donor to the foundations and is accused of separately giving millions of euros to Choi and her daughter in a bid to secure policy favours from Park in return.

Park has been named as an accomplice and is also accused of letting Choi, who has no title or security clearance, handle a wide range of state affairs including nominations of top officials. 

Lee -- who has effectively taken the helm of the group since his father suffered a heart attack in 2014 -- is described as a key figure in the scandal. 

Prosecutors are investigating whether Samsung's payments to Choi were aimed at securing state approval for the controversial merger of two Samsung units in 2015 -- seen as a key step towards ensuring a smooth power transfer to Lee from his father. 

The merger was opposed by many investors who said it wilfully unvalued the shares of one of the firms. But it went through after Seoul's state pension fund -- a major Samsung shareholder -- approved it.

source: AFP

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

samsung scion summoned again over corruption scandal samsung scion summoned again over corruption scandal

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

samsung scion summoned again over corruption scandal samsung scion summoned again over corruption scandal

 



GMT 10:08 2018 Wednesday ,24 January

Microsoft to open 4 data centres

GMT 09:41 2017 Thursday ,17 August

Syrians face 'horrible' camp conditions

GMT 00:22 2017 Tuesday ,03 October

Palestinian PM vows to boost unity

GMT 16:30 2017 Wednesday ,15 November

Palestinian police concludes study visit to Portugal

GMT 10:15 2018 Monday ,15 January

India thrash Aussies in U19 World Cup

GMT 08:46 2017 Wednesday ,11 October

Turkey intensifies operation in Syria’s Idlib

GMT 18:36 2017 Thursday ,24 August

France's Macron sets sights on EU rule

GMT 16:33 2017 Monday ,27 November

Thousands flee over Bali volcano eruption fears

GMT 20:42 2014 Wednesday ,05 February

State TV delays scheduled address by Iran\'s Rouhani

GMT 15:47 2017 Tuesday ,16 May

PM receives USAID official

GMT 17:58 2011 Tuesday ,22 November

South Indian superstar Mammootty in Sharjah

GMT 16:24 2015 Monday ,23 March

Spain ruling party ran illegal slush fund

GMT 10:44 2011 Thursday ,22 September

Branson campaigning to save sharks

GMT 02:14 2017 Friday ,17 March

Mohamed bin Zayed receives Bahrain Crown Prince

GMT 14:15 2017 Wednesday ,01 February

Russia stripped of London relay silver for doping

GMT 07:57 2017 Saturday ,20 May

Vanity Fair (US) appoints editor of Vanity Fair

GMT 16:51 2016 Friday ,18 November

Baptism of fire for new Inter boss

GMT 07:41 2018 Thursday ,18 January

Economists call for overhaul of eurozone fiscal rules

GMT 14:50 2018 Wednesday ,17 January

Calls for probe into migrant death in Spain
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice