The Vice-President and actual head of Samsung Electronics Lee Jean (Lee Jae-yong; pictured) was arrested early Friday morning, February 17, in connection with allegations of involvement in the corruption scandal which has already resulted in the impeachment of South Korean President Park Geun-Hye.
Recall the chain of events. At the end of last year in the offices of Samsung tests were conducted: the company suspected of illegal financing of the company of the daughter of a close friend of President Park Geun-Hye Mrs. Choi sun-SIL (Choi Soon-sil). She, in turn, charged with providing pressure on the President to influence government decisions.
In the middle of last month, prosecutors in South Korea have applied to the court for a warrant for the arrest of Vice-Chairman of Samsung Lee Jaena. It was he, as believes a consequence, was involved in conducting financial fraud. In addition, the head of Samsung’s suspected of receiving bribes.
In January, a court in South Korea rejected the request to arrest Lee Jaena. However, the Prosecutor’s office sent a second request, which this time was granted.
Of course, the arrest of one of the most prominent businessmen of South Korea have a negative impact on the image of Samsung. Shares of the IT giant fell 1.2 percent, while paper Samsung C&T Corp lost 3.2 %. We can assume that this drop will not stop.
© 2017, paradox. All rights reserved.
Ukraine needs to defeat Russia on the battlefield in order to be admitted to NATO,…
Russia has carried out a strike on the Ukrainian military headquarters commanding troops in the southern…
Russian Defense Minister Sergey Shoigu has met with top military officials to discuss the battlefield…
The German ambassador to the Palestinian Authority has been hounded by an angry mob and…
The Biden administration is considering a ban on enriched uranium from Russia using the president’s…
State troopers used pepper spray and stun grenades as they arrested dozens of pro-Palestine protesters…