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Samsung vice chairman arrested on bribery charges

Samsung vice chairman arrested on bribery charges

February 17, 2017

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Samsung vice-chairman/heir-apparent Jay Y. Lee has been arrested in Korea on charges of corruption.

Lee is accused of paying bribes to an advisor of President Park Geun-hye in exchange for political favors. The New York Times reported that he is alleged to have given a total of $36 million to Park’s secret advisor in order to win government support for a merger between two Samsung subsidiaries.

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