The heir to the Samsung empire and four other top executives from the world’s biggest smartphone maker were indicted Tuesday…
SEOUL —
The heir to the Samsung empire and four other top executives from the world’s biggest smartphone maker were indicted Tuesday on multiple charges including bribery and embezzlement, South Korean prosecutors said.
“Special prosecutors today indicted Samsung Electronics vice chairman Lee Jae-Yong… for bribery, embezzlement, hiding of assets overseas… and perjury,” said Lee Kyu-Chul, spokesman for the team probing the corruption and power abuse scandal that has seen President Park Geun-Hye impeached.
Lee was arrested earlier this month and the laying of formal charges against him and his colleagues makes them almost certain to face trial, casting new uncertainty over South Korea’s biggest firm as it seeks to recover from a humiliating recall.
