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posted by cmn32480 on Friday February 17 2017, @03:48PM   Printer-friendly
from the putting-the-money-back-in-politics dept.

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


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  • (Score: 4, Funny) by Thexalon on Friday February 17 2017, @04:00PM

    by Thexalon (636) on Friday February 17 2017, @04:00PM (#468236)

    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.
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  • (Score: 2) by DeathMonkey on Friday February 17 2017, @06:31PM

    by DeathMonkey (1380) on Friday February 17 2017, @06:31PM (#468297) Journal

    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?