Samsung heir named suspect in South Korean political scandal | Inquirer News

Samsung heir named suspect in South Korean political scandal

/ 03:16 PM January 11, 2017

SEOUL, South Korea — South Korean authorities say a Samsung scion will be questioned as a suspect in a bribery case in the massive influence-peddling scandal that led to the president’s impeachment.

Prosecutors said Wednesday that Lee Jae-yong, Samsung Electronics’ vice chairman, will be summoned to face questions by investigators probing whether South Korea’s largest business group bribed a jailed confidante of President Park Geun-hye to win favors.

Those possible favors include getting the government’s backing on a controversial Samsung merger in 2015 that was opposed by minority shareholders. Lee and members of his family were the biggest beneficiaries of the merger.

Article continues after this advertisement

Prosecutors are expected to grill Lee starting Thursday regarding why Samsung Group sent corporate funds to Choi (pronounced Chwey) Soon-sil, the jailed confidante, including buying costly horses for her daughter.

RELATED STORIES

South Korean president’s confidante snubs impeachment trial
South Korean president refuses to testify in impeachment trial
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: bribery, Government, Impeachment, Park Geun-Hye, President, Samsung, scandal, South korea

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.