Samsung’s top exec is about to be arrested for allegedly bribing the president

  • Thread starter Thread starter Zach Epstein
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Zach Epstein

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Here's something you don't see every day: a massive scandal in South Korea could see the head of the country's largest conglomerate jailed and the president removed from office.

In the latest chapter in the ongoing saga that's almost too crazy to believe, South Korea's special prosecutor's office on Tuesday confirmed to reporters that it will once again ask the court for a warrant to arrest Jay Y. Lee, the third-generation billionaire chief of the Samsung Group. Lee, a suspect in a bribery probe that reaches all the way to the president of the country, was questioned for more than 15 hours on Monday. The 48-year-old executive was apparently unable to convince authorities of his innocence, and it now appears as though is arrest is imminent.

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