South Korean prosecutors indict Samsung leader Jay Y. Lee on charges concerning 2015 merger

  • 📰 Reuters
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

UPDATE: South Korean prosecutors indict Samsung Group leader Jay Y. Lee on charges concerning 2015 merger

Prosecutors decided to indict 52-year-old Lee due to the gravity of manipulating the capital market over a controversial 2015 merger of two Samsung affiliates that helped him assume greater control of the group’s crown jewel Samsung Electronics, despite an independent panel’s recommendation in June not to indict him, the official said.

The indictment paves the way for Lee to undergo trial on the charges. He will not be detained as a Seoul court denied in June a request from prosecutors for an arrest warrant. But the court had said prosecutors seemed to have secured considerable amount of evidence and it is appropriate to send the case to trial.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

SK & Japan where law dep ,medias are controled by US . If any politicians or businessmen dare say no to US , 'interesting 'things will find them. Remember just one month ago , Soul's Mayor , President Moon' s ally , killed himself , not the 1st time, & wont be the last .

Elliott ? TheyToldYouSo

United States United States Latest News, United States United States Headlines