September 25, 2023
The Boardroom
Samsung heir’s bribery case trial commences
[THE INVESTOR] A Seoul court on April 7 held the first hearing on Samsung Electronics Vice Chairman Lee Jae-yong on charges of bribery in relation to the influence-peddling scandal involving former President Park Geun-hye.
The Samsung heir appeared at the Seoul Central District Court, along with four other senior Samsung executives, early in the morning.
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He was arrested and indicted in February on charges of offering a combined 43.3 billion won (US$38.30 million) to Park’s close friend Choi Soon-sil as kickbacks in return for helping his secure more control over the nation’s largest conglomerate through a merger of two key units last year.
By Song Seung-hyun and newswires (ssh@heraldcorp.com)
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