One of South Korea's richest men is now in custody. Samsung chief Lee Jae-yong faces charges including bribery and perjury in a case that is bringing down the country's economic and political elite.
The heir to the Samsung group, Lee Jae-yong, has been formally arrested on allegations of bribery, perjury and embezzlement. Prosecutors have ten days to indict the de facto head of South Korea's biggest company.
Lee Jae-yong stands accused of paying close to $40 million in bribes to a presidential confidante. Prosecutors also accuse the head of South Korea's largest company of hiding assets overseas and committing perjury.
Samsung Vice Chairman Lee Jae-Yong has been under investigation for bribery and embezzlement. The scandal already caused the impeachment of President Park-Geun-hye.
Samsung heir Lee Jae-yong has appeared in court as judges deliberate for a second time on whether he should be arrested. Lee is accused of offering bribes to President Park Geun-hye and her close friend.
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