Samsung chief headed for court
SAMSUNG chief executive Lee Jae-yong faces a court today that will decide whether to grant South Korea's special prosecutor a warrant to arrest him on charges relating to multi- million dollar bribes to a friend of President Park Geun-hye.
Investigators grilled him for 22 straight hours last week. The scandal led to Parliament impeaching Ms Park last month.
The prosecutor accused Mr Lee of paying $48.7million in bribes to groups linked to the President's friend Choi Soon-sil to secure the merger of two affiliates and cement control of the family business.
Mr Lee, 48, is also accused of embezzlement and perjury in the warrant.
Samsung, with $308 billion revenue, is about one sixth of South Korea's economy.
"The special prosecutor's office determined that while the country's economic conditions are important, upholding justice takes precedence,” a spokesman said.