Samsung Heir Lee Arrives Shackled at Special Prosecutors Office

  • Jay Y. Lee faces trial on charges including bribery, perjury
  • Chaebol boss swept up in probe that led to president’s ouster

South Korea’s Family-Run Conglomerates Are Under Pressure

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South Korean police on Saturday led Jay Y. Lee, hands bound with rope, into a special prosecutors office after arresting the de facto head of the country’s largest industrial conglomerate in a corruption probe that includes allegations of bribery.

Lee, vice chairman of Samsung Electronics Co., was shown on a YTN television broadcast being led into the office in Seoul around 2:20 p.m. local time after spending his first night in police custody. On Friday, the Seoul Central District Court arrested Lee on a warrant including allegations of bribery, perjury, embezzlement, hiding assets abroad and concealing illegal profits.