19:28 GMT +323 March 2017
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    In this Tuesday, Dec, 6, 2016, file photo, Lee Jae-yong, a vice chairman of Samsung Electronics Co., arrives for a hearing at the National Assembly in Seoul, South Korea

    Samsung Company Heir Named as Suspect in S Korea Corruption Scandal

    © AP Photo/ Lee Jin-man, File
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    Vice Chairman and heir to Samsung Electronics Co Lee Jae-yong, has been summoned by the special investigation team currently looking into the corruption scandal surrounding South Korea’s President Park Geun-hye and her confidante Choi Soon-sil, over allegations of bribery, the investigators' spokesman said Wednesday.

    MOSCOW (Sputnik) — According to the Yonhap news agency, Lee’s summoning came after the investigation uncovered information about Samsung’s alleged funding to Choi’s company, on an electronic tablet suspected to belong to the confidante.

    "There are nearly a hundred emails stored on the recently submitted tablet PC. They are mostly about how Core Sports International was established, the way it received funding from Samsung and how the money has been spent in Germany," Lee Kyu-chul is quoted as saying by the media.

    Based on the information gathered during the corruption probe, Lee is suspected of striking a contract with Choi, wherein he gave 22 billion wan ($18.3 million) in financial support to a German-based company owned by Choi in return for business-related favors.

    The Samsung vice chairman is scheduled to be questioned early on Thursday.

    On December 9, 2016, South Korea's parliament voted in favor of removing Park from office as the president was at the center of a scandal around Choi, who is said to have pressured the county's biggest corporations and extorted money from them for her non-commercial funds abroad.

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    Related:

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    South Korea's Justice Chief Resigns Amid Corruption Scandal
    Tags:
    corruption, Samsung, Choi Soon-sil, Lee Jae-yong, Park Geun-hye, South Korea
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    • avatar
      Marques rouges
      Apparently billionaire Paul Singer wants to take over Samsung, funded and owned by the Lee family. The Samsung bashing in the media, (about the S7 fire issue, washing machines exploding, etc) is part of this war, a way to lower shares value and allow Singer to buy a bigger chunk of the stock.
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