Samsung heir returns home after marathon bribery questioning - News Summed Up

Samsung heir returns home after marathon bribery questioning


SEOUL: Samsung heir Lee Jae-Yong returned home Friday after marathon questioning by South Korean prosecutors as a suspect in a massive corruption scandal involving impeached President Park Geun-Hye. Vice chairman of Samsung Electronics and the son of Samsung Group chairman Lee Kun-Hee, he was quizzed for 22 hours over allegations of bribery. Many suspects and witnesses in the scandal have been subjected to similar marathon questioning sessions. It is also accused of separately giving millions of euros to Choi to bankroll the training of South Korean equestrian athletes in Germany, including Choi’s daughter. The merger of two Samsung group units—Cheil Industries and Samsung C&T—was seen as a crucial step towards ensuring a smooth third-generation power transfer to Lee Jae-Yong.


Source: Manila Times January 13, 2017 09:13 UTC



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