Samsung chief faces possible 20 years behind bars for bribery

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Bribery case goes all the way up to the highest levels of South Korean politics.
Photo: Samsung

Samsung Vice-Chairman Lee Jae-yong has been charged with bribery, embezzlement, hiding assets overseas, and perjury by South Korean prosecutors.

Lee — who is the heir apparent to the Samsung Group and only son of Samsung’s incapacitated chairman — was arrested on February 17 for his role in a scandal involving the country’s impeached president Park Geun-hye. Today was the last day of the investigation that Lee was able to be charged following his arrest.

Samsung chief is arrested on bribery, embezzlement and perjury charges

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The man arrested is the likely heir to the Samsung empire.
Photo: Samsung

The de-facto head of Samsung, Vice Chairman Lee Jae-yong, was arrested earlier today on alleged corruption charges.

According to the special prosecutor’s office, Lee — who is the heir apparent to the Samsung Group and only son of Samsung’s incapacitated chairman — is being held on charges including bribery, embezzlement, hiding assets overseas and perjury.

Samsung chief faces arrest for bribing South Korea president

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Samsung's de-facto boss is in a spot of trouble.
Photo: Samsung

The de-facto head of Samsung faces arrest on charges of bribing South Korea’s President Park Geun-hye and a confidante.

The call for Lee Kun-hee, Samsung’s vice chairman and the only son of its incapacitated chairman, is part of a larger investigation into alleged corruption involving senior government officials and large South Korean corporations.