Samsung's heir apparent Lee Jae-yong has been placed under arrest in South Korea, accused of bribery and other charges. The case is linked to a scandal that led to the impeachment of President Park Geung-hye.
Samsung is accused of giving donations to non-profit foundations operated by Choi Soon-sil, a friend of Ms Park, in exchange for government favours. Mr Lee and the Samsung Group deny any wrongdoing.
[...] Prosecutors accused Mr Lee of giving donations worth 41bn won ($36m;£29m) to organisations linked to Ms Park's close friend Ms Choi. They alleged this was done to win government support for a big restructuring of Samsung that would help a smooth leadership transition in favour of Mr Lee, who is standing in as chairman for his ill father, Lee Kun-hee.
The controversial merger required support from the national pension fund - the allegation is that this support was granted in return for the donations.
Source: BBC
(Score: 4, Funny) by Thexalon on Friday February 17 2017, @04:00PM
I'm glad they're putting a stop to this potentially explosive situation. I'm sure he'll be fired soon if he's not careful.
The only thing that stops a bad guy with a compiler is a good guy with a compiler.
(Score: 2) by DeathMonkey on Friday February 17 2017, @06:31PM
The arrest does not reflect a court opinion on guilt or innocence but only means it considers the potential crime very serious or that it assumes a flight risk.
Wait....they're allowed on planes again?