Lee Jae Yong, vice chairman of Samsung Electronics, leaves the Seoul Central District Court in southern Seoul on June 8, 2020, after attending a hearing on the prosecution's arrest warrant request against him. A court in Seoul early today refused to issue an arrest warrant for Samsung Group's de facto leader, Lee Jae Yong, who is under investigation over succession-related allegations. The Seoul Central District Court turned down the prosecution's request to put Lee, vice chairman of Samsung Electronics, behind bars, citing that there is not sufficient probable cause for his arrest, Yonhap reports. Early last week, Lee called for a public assessment, by an external panel, of the validity the prosecutors' probe and a possible indictment. With the court decision not to arrest Lee, a decision by the panel is expected to influence the prosecution's move to indict him, although it is not legally-binding.

Source: The Standard June 09, 2020 03:22 UTC