South Korea approves arrest of Samsung’s leader



Jay Y. Lee, vice chairman of Samsung, has been embroiled in the political scandal in South Korea.

Getty Images

Samsung’s de facto leader may be facing jail time.

A South Korean court on Friday (Korea time) approved a warrant for the arrest of Jay Y. Lee, the acting head of Samsung Group, in connection with a political scandal in the country, according to reports from Dow Jones and the Associated Press. Lee has been accused of bribing the suspended South Korean president, Park Geun-hye.

The move reverses a decision from last month where the Seoul Central District Court in South Korea rejected a request for an arrest warrant for Lee, Samsung’s 48-year-old vice chairman. Along with bribery, Lee has also been accused of embezzlement and perjury. It’s unclear why the…

Read More Here- South Korea approves arrest of Samsung’s leader