Samsung boss under arrest
By Agence France-Presse in Seoul | China Daily | Updated: 2017-02-18 07:52
Prosecutors on Friday arrested the de facto head of South Korea's largest conglomerate, Samsung, on bribery and other charges related to a political corruption scandal that triggered the impeachment of President Park Geun-hye.
In a fresh blow to the electronics giant's corporate image, a district court cited new evidence in approving the arrest warrant against vice-chairman Lee Jae-yong, who oversees the family-run conglomerate in the absence of his ailing father.
Among other allegations, Lee is accused of paying nearly $40 million in bribes to a confidante of President Park to secure policy favors.
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