Prosecutors in South Korea are again seeking an arrest warrant for the inheritor to the Samsung trade empire.
Lee Jae-yong, Samsung’s de facto chief, has been beneath investigation as a part of the massive political corruption scandal that has rocked South Korea.
The prosecutors say they’re additionally searching for an arrest warrant for Samsung Electronics ( President Park Sang-jin. They did not detail the costs faced by way of either both executive on Tuesday. )
A decide will decide whether or not to approve the warrants later this week.
The prosecutors first sought to arrest Lee in January, however a decide grew to become down the request, citing a scarcity of proof. at the time, the prosecutors vowed to “ceaselessly” pursue their investigation of the Samsung inheritor.
related: South Korea’s long historical past of light sentences for trade leaders
In January, prosecutors accused Lee of bribery, embezzlement and perjury. They alleged that the chief, who’s sometimes called Jay Y. Lee, paid tens of hundreds of thousands of dollars to win government toughen for a controversial merger that helped tighten his grip on the u . s .’s greatest conglomerate.
Lee and Samsung denied the allegations.
The case is a part of a a long way-reaching scandal that has pushed tons of of heaps of South Korean protestors to the streets and induced lawmakers to vote to impeach President Park. different high South Korean companies are additionally underneath investigation.
Samsung’s ( links to the corruption investigation have accomplished additional harm to the company’s image after the humiliating fiasco over its fireplace-susceptible Galaxy observe 7 smartphone remaining yr. )
Lee isn’t the primary South Korean industry chief to face accusations of corruption. His father, Samsung crew Chairman Lee Kun-hee, was convicted twice — and pardoned twice.
— Sherisse Pham, Paula Hancocks and Jethro Mullen contributed reporting.
CNNMoney (London) First revealed February 14, 2017: 5:31 AM ET
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