Samsung heir avoids arrest over merger | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Samsung heir avoids arrest over merger

Lee Jae-yong, vice-chairman of Samsung Electronics, arriving at court for a hearing to review the issuing of his arrest warrant over a controversial merger of two Samsung units yesterday. Lee was jailed for five years in 2017 for bribery, embezzlement and other offences in connection with a scandal that brought down president Park Geun-hye. – AFP pic, June 9, 2020.

A SOUTH Korean court today declined to issue an arrest warrant for the heir to theSamsung empire over a controversial merger of two business units seen as a key step to his succession, Yonhap news agency reported. Lee Jae-yong, vice-chairman of Samsung Electronics, is already being retried on charges of bribery, embezzlement and other offences in connection with a corruption scandal that brought down former South Korean president Park Geun-hye.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

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

 /  🏆 8. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Samsung heir dodges jail over controversial mergerLee Jae-yong has effectively been at the helm since his father suffered a heart attack in 2014. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »