South Korea Court Rejects Arrest of Samsung Heir Jay Y. Lee
- Presidential scandal ensnares country’s biggest conglomerate
- Lee poised to take control of Samsung business empire
Seoul Court Rejects Arrest of Samsung Heir Lee
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A court in South Korea turned down prosecutors’ request to arrest Samsung Group’s Jay Y. Lee on alleged bribery, perjury and embezzlement, letting him stay in place atop the country’s most powerful company while they continue their investigation.
The court said there wasn’t enough evidence to keep Lee in jail based on the facts presented about alleged payments and other charges. “It is difficult to acknowledge the necessity and justification for an arrest at this stage,” Seoul Central District Court Judge Cho Eui-yeon said in a statement early Thursday morning.