The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Startups & Tech

SUBSCRIBERS

Samsung chief allowed home, prosecutor vows to stay on the case

But he is still likely to face charges of bribery, embezzlement and perjury, say legal analysts

Published Thu, Jan 19, 2017 · 09:50 PM
Share this article.

Seoul

A SOUTH Korean court on Thursday denied a special prosecutor clearance to arrest the head of Samsung Group, the country's largest conglomerate, amid a graft scandal that has led to the impeachment of President Park Geun-hye.

But Jay Y Lee, who has led Samsung since his father Lee Kun-hee suffered a heart attack in 2014, was still likely to face the same charges of bribery, embezzlement and perjury, legal analysts said.

The pre-dawn decision by the Seoul Central District Court to allow him to go home was welcomed by Samsung Group.

The 48-year-old left the Seoul Detention Centre carrying …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Technology

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here