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Samsung heir and VC Lee Jae-yong arrested in South Korea on bribery charges

Samsung Electronics vice-chairman, Lee Jae-yon was arrested over his alleged role in a corruption scandal and influence-peddling. He is accused of paying nearly $40 million in bribes to President Park Geun-hye and her close friend Choi Soon-sil to secure policy favors. The Samsung heir has been charged with embezzlement, bribery, perjury, concealment of criminal proceeds and illicit transfer of assets … Continue reading "Samsung heir and VC Lee Jae-yong arrested in South Korea on bribery...
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