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S.Korean authorities arrest Samsung heir over bribery allegations



S.Korean authorities arrest Samsung heir over bribery allegations

Five days after summoning leader of Samsung Group Jay Y. Lee, heir to the Samsung company Lee Jae-yong has been arrested.

Jay was summoned for a second time by special prosecutors in South Korea for questioning on suspicion of bribery as part of its ongoing investigation into a political corruption scandal.

The arrest of Jae-yong makes him the first leader in electronics firm’s history to be held on criminal charges as part of a corruption probe which saw the impeaching of President Park Geun-hye.

Read also: S.Korea: Samsung leader summoned again by prosecutors over bribery

Jae-yong, vice chairman of Samsung Electronics and son of the Samsung group head Lee Kun-hee, is accused of paying nearly $40milliom in bribes to Park’s secret confidante to secure policy favours.

“It is acknowledged that it is necessary to arrest [Lee] in light of a newly added criminal charge and new evidence,” a court spokesman said in a statement on Friday.

The Samsung vice chairman is already being held at a detention centre after appearing the Seoul Central District Court which issued his warrant of arrest after a deliberation of judges.





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