Samsung's 3rd generation heir Lee Jae Yong has been arrested for corruption in South Korea. It is said that Lee and other Samsung executives paid $7.8 million in bribes and other indictments to ensure that the former president supported a corporate deal. The deal made Lee strengthen his grips on Samsung Electronics. Lee's father, Lee Kun-hee, is the founder of Samsung and has been in a coma which makes Lee the de-facto leader of Samsung. Read more in our articles including "Samsung heir arrested for corruption in South Korea" and "Samsung i900 Omnia Philippine Price".
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Sep 25, 2008Samsung's 3rd generation heir Lee Jae Yong has been arrested for corruption in South Korea. It is said that Lee and other Samsung executives paid $7.8 million in bribes and other indictments to ensure that the former president supported a corporate deal.
The deal made Lee strengthen his grips on Samsung Electronics. Lee's father, Lee Kun-hee, is the founder of Samsung and has been in a coma which makes Lee the de-facto leader of Samsung.
Our coverage of Samsung Lee J Yong arrested includes: "Samsung heir arrested for corruption in South Korea"; "Samsung i900 Omnia Philippine Price"; "Samsung Innov8 i8510 confirmed". Each article provides unique insights and information.