Samsung chief arrives at prosecutor's office before arrest hearing

ADVERTISEMENT

SEOUL Samsung Group chief Jay Y. Lee appeared at South Korea’s special prosecutor’s office on Thursday before a court hearing that will decide whether to issue an arrest warrant over his role in a corruption scandal that has engulfed President Park Geun-hye.

South Korea’s special prosecutor’s office said on Wednesday it had expanded charges against Lee to include hiding the proceeds of a criminal act, as well as bribery, embezzlement, hiding assets overseas and perjury. Prosecutors are seeking an arrest warrant for Lee for the second time in a month.

The special prosecutor’s office has focused on Samsung Group’s relationship with Park, accusing Lee in his capacity as the head of South Korea’s largest conglomerate of pledging 43 billion won ($37.7 million) to a business and organisations backed by Park’s friend, Choi Soon-sil, in exchange for support of a 2015 merger of two Samsung companies.

Park, Choi, and Samsung Group have denied bribery accusations.

Samsung Electronics Co Ltd (005930.KS) President Park Sang-jin, for whom the prosecution has also requested an arrest warrant, also appeared at the special prosecutor’s office on Thursday.

Lee, 48, wearing a dark coat and a navy tie, did not answer reporters’ questions as he made his way into an elevator.

The Seoul Central District Court, which denied prosecutors’ first attempt to secure an arrest warrant for Lee last month, will hold a hearing on the latest request at 10:30 a.m. (0130 GMT).

After an hours-long hearing, Lee and Park are expected to await the court’s decision in a detention centre. Based on previous instances, the court’s decision is expected late on Thursday or most likely early on Friday.

On Wednesday, Samsung Group repeated an earlier denial on its official Twitter account: “Samsung has absolutely never bribed the president seeking something in return or sought illicit favours.”

“We will do our best for the truth to be revealed in court,” it said.

(Reporting by Joyce Lee, Hyunjoo Jin and Cynthia Kim; Editing by Paul Tait)

-Reuters



Notice an issue?

Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.


ADVERTISEMENT
Social Media Auto Publish Powered By : XYZScripts.com
Just in:
DSQ Real Estate Highlights Post-Purchase Advisory as a Growing Need for Overseas Dubai Property Owners // China’s digital hub Hangzhou hosts conference on AI, OPC // CG Capital, the Leader in Branded Residences in Thailand, Marks Milestone Success for InterContinental Residences Bangkok Asoke Amid Global Economic Uncertainty // Hawaii tests plastic waste in roads // Most UAE expats under-insured, reveals survey // Why your AI transformation can fail — and it’s not the technology // Bracell Welcomes Fernando Branco’s Appointment to Lead ABAF and Reinforces Commitment to Sustainable Forestry Development in Bahia // Alibaba Cloud gains edge in agentic AI race // World’s First Commercial Multimodal LLM for Cultural Tourism Enters Broad Application // Tehran blocks French role in Hormuz clearance // Masdar starts Kazakh wind power push // Ras Tanura crash kills Aramco personnel // Afogreen Build Highlights Growing Adoption of Building Performance Modelling in Australia’s Sustainability-Driven Construction Sector // PRHK 2026 Benchmark Report highlights how Hong Kong’s IPO revival, AI, and the GBA are reshaping the SAR’s PR industry // Where Minds Meet to Launch Space Economy Association Off the Ground // This summer will never stop us from our wellness routine // Cheap RAT spreads through Telegram channels // Dubai advances Gold Line contractor race // Abu Dhabi starts new Saadiyat arts landmark // Bid To Rebuild Bengal To Its Old Glory Is Welcome, Though Difficult //