LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS

Read in App
Business News » Technology News

Samsung heir grilled again in corruption scandal

Prosecutors believe Lee gave or promised some 43 billion won ($36 million) worth of bribes to President Park Geun-hye`s jailed friend Choi Soon-sil in return for the government`s backing of a merger of two Samsung affiliates in 2015.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Samsung heir grilled again in corruption scandal
This marks Lee Jae-yong`s fourth appearance before the special prosecutor since he was arrested for bribery charges on February 17. Photo: Reuters
Written By: IANS
Updated: Sat, Feb 25, 2017
04:09 pm
Seoul, IANS
RELATED NEWS
Samsung to spur innovation as business challenges rise Samsung to spur innovation as business challenges rise
Samsung Electronics to invest $9.6 billion annually in logic chips until 2030 Samsung Electronics to invest $9.6 billion annually in logic chips until 2030
Samsung Electronics to consolidate its position in LED TV segment in India Samsung Electronics to consolidate its position in LED TV segment in India
Samsung's Q1 profit drops 60% from last year Samsung's Q1 profit drops 60% from last year
LG Display pitches superiority of OLED over Samsung's competing panel LG Display pitches superiority of OLED over Samsung's competing panel

The de facto leader of the Samsung Group was called into the special prosecutor`s office on Saturday for additional questioning over his alleged involvement in a high-profile corruption scandal that has rocked the country for the past several months.

This marks Lee Jae-yong`s fourth appearance before the special prosecutor since he was arrested for bribery charges on February 17. He has since been behind bars, Yonhap News Agency reported.

Prosecutors believe Lee gave or promised some 43 billion won ($36 million) worth of bribes to President Park Geun-hye`s jailed friend Choi Soon-sil in return for the government`s backing of a merger of two Samsung affiliates in 2015.

The merger was seen as critical for the smooth management succession of the group from ailing Samsung Electronics Chairman Lee Kun-hee to his only son, Jae-yong.

Choi, the central figure in the scandal, is accused of using her close ties with Park to strong-arm Samsung and other local conglomerates to offer large "donations" to non-profit foundations, which she allegedly used for personal gain.

The investigation team has been accelerating the probe as its deadline is slated for February 28.

The special counsel has asked Acting President and Prime Minister Hwang Kyo-ahn to extend the period by a month, but it is unclear whether he will approve the request.

Prosecutors plan to indict Lee on bribery charges within this month if the request was not accepted.

Also on Saturday, prosecutors called in Choi to question her over allegations that she amassed illicit wealth and was illegally involved in personal affairs of a private bank in return for favours.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Samsung ElectronicsLee Jae-Yongsamsung scandalTechnologyLee Jae-Yong scandal
RELATED NEWS
Samsung to spur innovation as business challenges rise Samsung to spur innovation as business challenges rise
Samsung Electronics to invest $9.6 billion annually in logic chips until 2030 Samsung Electronics to invest $9.6 billion annually in logic chips until 2030
Samsung Electronics to consolidate its position in LED TV segment in India Samsung Electronics to consolidate its position in LED TV segment in India
Samsung's Q1 profit drops 60% from last year Samsung's Q1 profit drops 60% from last year
LG Display pitches superiority of OLED over Samsung's competing panel LG Display pitches superiority of OLED over Samsung's competing panel

LATEST NEWS

Microsoft says Surface Pro 7 better than MacBook Pro in new ad

SBI to HDFC Bank, Escorts, Bajaj Finance, Kotak Bank, Cipla to SBI Life - The “Make or Break” Union Budget - Expectations 2021-22

RBI Grade B 2021 Notification News: Bumper vacancies at Reserve Bank of India! Check how to apply online at rbi.org.in

7th Pay Commission: Big LTC allowance relief for central government employees! Modi Govt grants these relaxations

How to send messages to yourself on WhatsApp; know the trick here

K-pop super band BTS have ''surprise gifts'' for fans

FAUG, PUBG Mobile India top rival, all set for launch today| Big record! How to download, APK file, pre-registration and more

Republic Day Parade 2021: When and where to watch live telecast of R-Day Parade - timing to traffic routes, all details here

Bitcoin, cryptocurreny inflows hit record last week - CoinShares

Crackdown on income tax evaders! Critical notification by CBDT on evasion, Benami Property, Black Money - PAN, Aadhaar not needed, just do this online now

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved