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.
The chairman of retail giant Lotte has been charged over the graft scandal that brought down the country's leader. Ousted President Park Geun-hye has also been formally indicted.
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.
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