BrahMos WORLD INDIA MADHYA PRADESH BHOPAL WTN SPECIAL GOSSIP CORNER RELIGION SPORTS BUSINESS FUN FACTS ENTERTAINMENT LIFESTYLE TRAVEL ART & LITERATURE SCIENCE & TECHNOLOGY HEALTH EDUCATION DIASPORA OPINION & INTERVIEW RECIPES DRINKS BIG MEMSAAB 2017 BUDGET 2017 FUNNY VIDEOS VIRAL ON WEB PICTURE STORIES Mahakal Ke Darshan
WTN HINDI ABOUT US PRIVACY POLICY SITEMAP CONTACT US
logo
Breaking News

Trial of Samsung heir to begin next week

Friday - March 3, 2017 2:38 pm , Category : WORLD
 Trial of Samsung heir to begin next week
Trial of Samsung heir to begin next week

Seoul March 3 (IANS) A South Korean court will begin the trial of Samsung Group s de facto leader Lee Jae-yong next week in connection with a corruption scandal involving President Park Geun-hye legal sources said on Friday.

The Seoul Central District Court will hold a preparatory session on the vice chairman of Samsung Electronics Co. on March 9 according to the sources.

Lee was indicted on Tuesday on a string of charges including bribery and embezzlement. He has been in custody since last month Yonhap News Agency reported.

The special probe team suspects that Lee gave or promised some 43.3 billion won ($38 million) in kickbacks to Park s friend Choi Soon-sil in return for the government s backing of a merger of two Samsung affiliates in 2015.

The business merger was seen as critical to the smooth management succession of the group from ailing Samsung Electronics Chairman Lee Kun-hee to his only son Jae-yong.

Four other senior executives at Samsung -- Vice Chairman Choi Gee-sung and President Chang Choong-ki from the group s future planning headquarters and President Park Sang-jin and senior executive Hwang Sung-soo -- will also undergo trial without detention.

--IANS
ksk/dg