Top Korean Prosecutor says the Trial against Samsung's Heir Next Week could be the 'Trial of the Century'
On February 16 Patently Apple posted a report titled "Korean Court Issues Arrest Warrant for Samsung's Heir Lee Jae-yong who is now in Custody." Today it's being reported that Samsung Group leader Jay Y. Lee will go on trial for bribery and embezzlement on Thursday amid a corruption scandal that has rocked South Korea and led to the impeachment of the president.
Lee, the 48-year-old third-generation leader of the country's top conglomerate, was indicted on Tuesday on charges including pledging 43 billion won ($37.24 million) in payments to a confidant of President Park Geun-hye.
"We are preparing hard, thinking that the upcoming Samsung trial ... could be the trial of the century that the entire world will be watching," special prosecutor Park Young-soo told reporters.
Among the charges against Lee are pledging bribes to a company and organizations tied to Park's confidant, Choi Soon-sil, the woman at the center of the scandal, to cement his control of the smartphones-to-biopharmaceuticals business empire. The funding also included Samsung's sponsorship of the equestrian career of Choi's daughter, prosecutors say. Read more on this story here.
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