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 future of South Korea's electronics giant Samsung hangs by a thread after a court in Seoul sentenced the company's heir Lee Jae-Yong to five years in prison. What would be its impact on the South Korean economy?
Prosecutors in South Korea have recommended a 12-year jail sentence for billionaire Samsung heir over his role in a national corruption scandal. He is accused of embezzlement and bribing ex-President Park Guen-hye.
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.
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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