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South Korea seeks arrest of #Samsung heir Lee in succession probe

21:45, Thursday, 04 June, 2020
South Korea seeks arrest of #Samsung heir Lee in succession probe

South Korean prosecutors have requested an arrest warrant for Samsung Group heir Jay Y. Lee, they said on Thursday, in the investigation of a 2015 merger and alleged accounting fraud in a suspected bid to aid his succession plans.

The move spells fresh trouble for Lee, who, if arrested, stands to return to jail just a little over two years after being released from detention in February 2018.
     Lee already faces trial on a charge of bribery aimed at winning support to succeed ailing group patriarch Lee Kun-hee, and which involved former President Park Geun-hye. He spent a year in detention until the bribery case was suspended in 2018.
     Prosecutors said they sought Lee's arrest on suspicions of stock price manipulation and audit rule violations, among other offences. The Seoul Central District Court will review the prosecution's request on June 8, it said in a statement.

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