SEOUL—South Korean prosecutors said they would indict the Samsung conglomerate’s de facto leader Lee Jae-yong on charges of bribery and four other offenses, setting in motion legal proceedings that could put the tycoon behind bars for years. The 48-year-old vice chairman of Samsung Electronics Co. was arrested Feb. 17 but prosecutors didn’t press formal charges until their Tuesday deadline. In addition to bribery, prosecutors accuse...
Source: Wall Street Journal February 28, 2017 05:42 UTC