Jan 18, 2017

S Korea: Samsung chief awaits arrest warrant decision

South Korea's special prosecutors made a formal request for an arrest warrant earlier this week. Mr Lee, also known as Jay Y Lee was at Seoul Central District Court earlier in the day to give evidence. He is now being held in custody pending the decision. He is currently vice-chairman of Samsung Electronics, but since his father, Lee Kun-hee, suffered a heart attack in 2014, he is considered de facto boss of the entire Samsung Group conglomerate. Samsung is South Korea's most high-profile company, and its sales are equal to about a fifth of the country's GDP..

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