Samsung's Lee Jae-yong appears for questioning in bribery probe

Samsung was suspected of having provided the biggest donations among scores of conglomerates

Samsung sees Q3 profit boost despite smartphone woes
IANS Seoul
Last Updated : Jan 12 2017 | 9:15 AM IST

The Vice Chairman of Samsung Group, Lee Jae-yong, on Thursday morning arrived at the prosecutor's office for questioning in a bribery case, media reports said.

Lee, is the heir apparent of South Korea's largest family-run conglomerate that was being investigated for the scandal involving impeached South Korean President Park Geun-hye, Xinhua news agency reported.

Lee was seen on TV footage telling reporters that he felt "very sorry" and apologised to the people for the matter before entering the independent counsel's office.

He would be questioned as a suspect in the influence-peddling scandal.

Samsung was suspected of having provided the biggest donations among scores of conglomerates to two non-profit foundations controlled by Choi Soon-sil, Park's long-time confidante at the centre of the scandal.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 12 2017 | 9:10 AM IST

Next Story