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Samsung chief faces possible 20 years behind bars for bribery


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


Galaxy S7 is pretty, powerful, and packing huge improvements.
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


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.