Lee is the first Samsung executive to have ever beenarrestedon criminal charges, the Associated Press reported. Related Stories Head of Samsung faces arrest in presidential corruption scandal Lee Jae-yong accused of bribery, embezzlement, and perjury. ...
While that matter continues to run its course, Lee Jae-yong's latest troubles are linked to the2015 merger between Samsung C&T and Cheil Industries. The merger was widely viewed as a way to make Lee the largest shareholder of Samsung C&T, which is basically a holding company for the entire...
Lee’s arrest camein mid-Februaryaftercharges were expandedto include “hiding the proceeds of a criminal act.” Lee Jae-yong wastaken into custodyat the Seoul Detention Centre. “It is acknowledged that it is necessary to arrest [Lee Jae-yong] in light of a newly added criminal charge an...
Lee Jae-yong served 18 months in prison after being convicted in 2017 over separate bribery charges related to the 2015 deal. He was originally sentenced to five years in prison for offering 8.6 billion won ($6.4 million) worth of bribes to then-President Park Geun-hye and her close confid...
Lee said he didn’t have a reason for killing the 13-year-old and showed no emotion as he described how he killed her. “It was an impulsive act,” he said in court. “I heard from someone that a person with a disability was arrested but I didn’t know which one he was arrested...